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Old 07-23-2008, 07:19 PM
 
5,340 posts, read 12,344,123 times
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Quote:
Originally Posted by Spincycle View Post
You probably assume correctly.
No one ENJOYS taxes...that's just foolish to think so. But sometimes you get what you pay for, and I don't mean proximity to NYC. If you don't need it, then live elsewhere... but there are other things. I work in HR for a multi-state company and trust me, I have people crying on the phone at least 3 times per week when they realize they are ill and now they don't get paid becuase their state (PA among them) does not have short term disability.
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Old 07-23-2008, 07:22 PM
 
Location: NJ
12,284 posts, read 30,944,500 times
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Quote:
Originally Posted by Spincycle View Post
You probably assume correctly.
so tell me, when and where does one cease to "enjoy" paying high taxes? is it any state lower in tax burden than NJ? who judges what's high?
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Old 07-23-2008, 08:21 PM
 
Location: Stewartsville, NJ
7,577 posts, read 19,975,663 times
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Quote:
Originally Posted by tahiti View Post
so tell me, when and where does one cease to "enjoy" paying high taxes? is it any state lower in tax burden than NJ? who judges what's high?
Solution...sell and move south - cut your pay in half and cut your taxes in half! what have you accomplished??? Yes, you can now come into the NJ Forum and brag about only paying 4K / yr in property taxes but what's your salary? It's all relative
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Old 07-23-2008, 08:23 PM
 
5,340 posts, read 12,344,123 times
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Originally Posted by wileynj View Post
Solution...sell and move south - cut your pay in half and cut your taxes in half! what have you accomplished??? Yes, you can now come into the NJ Forum and brag about only paying 4K / yr in property taxes but what's your salary? It's all relative
That's so true... I have a realtive who is constatnly telling me to move upstate by them... but I'd have to take about a $20-35k year cut in pay... IF I could find work in my industry. So yeah, my mortgage and taxes would be less, but I'd be in the same predicament. LOL
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Old 07-23-2008, 08:25 PM
 
Location: N.E. I-95 corridor
792 posts, read 2,739,797 times
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Quote:
Originally Posted by wileynj View Post
Solution...sell and move south - cut your pay in half and cut your taxes in half! what have you accomplished??? Yes, you can now come into the NJ Forum and brag about only paying 4K / yr in property taxes but what's your salary? It's all relative
Relative my ***! My buddy just transferred to NC with one of the big pharma firms, got a salary boost to boot, and an affordable McMansion w/low taxes. He lives like a king now with a better quality of life to raise his family.
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Old 07-23-2008, 08:26 PM
 
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Well, transfering with a big increase is the way to go. I know people who did that in GA and FL too, but if you go w/o a job and take "local" rates... it's a different story.
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Old 07-23-2008, 08:31 PM
 
Location: Stewartsville, NJ
7,577 posts, read 19,975,663 times
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Quote:
Originally Posted by Spincycle View Post
Relative my ***! My buddy just transferred to NC with one of the big pharma firms, got a salary boost to boot, and an affordable McMansion w/low taxes. He lives like a king now with a better quality of life to raise his family.
Talk to me about this a year from now . The taxes down south will go up very soon... too many transplants..not enough schools... dare to place a bet? Your friend is one of the lucky ones...it's not the norm!
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Old 07-23-2008, 08:33 PM
 
5,340 posts, read 12,344,123 times
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Originally Posted by wileynj View Post
Talk to me about this a year from now . The taxes down south will go up very soon... too many transplants..not enough schools... dare to place a bet? Your friend is one of the lucky ones...it's not the norm!
That has happened in a lot of areas where there is rapid growth, that is why NEPA taxes go up too... the more people come in, the more infrastructure is needed.
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Old 07-23-2008, 08:35 PM
 
Location: Stewartsville, NJ
7,577 posts, read 19,975,663 times
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Quote:
Originally Posted by EEEPNJ View Post
Well, transfering with a big increase is the way to go. I know people who did that in GA and FL too, but if you go w/o a job and take "local" rates... it's a different story.
Exactly! Too many people up and sell their NJ mcmansions..use the cash equity to buy a place down south with every cent figuring "how hard can it be to find a job?".... 6 months..12 months later...no job! Now all their money is tied up in their house... and the taxes, as teeny as they may seem, are due and they have no money! So they try to sell their new house in this current market...6 months later..12 months later...hummm, why isn't my house selling? Now it's time to walk away! Foreclosure. It's the story of the year!
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Old 07-23-2008, 08:36 PM
 
Location: NJ
12,284 posts, read 30,944,500 times
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Quote:
Originally Posted by wileynj View Post
Talk to me about this a year from now . The taxes down south will go up very soon... too many transplants..not enough schools... dare to place a bet? Your friend is one of the lucky ones...it's not the norm!
i've said this before, but my brother had a chance to relocate down to NC for his job with his NYC salary. He didn't go, but knew lots who did. Guess what happened? HUGE cuts RIGHT after these people relocated. They uprooted their lives, sold houses, and it was ripped out right from under them. And this was before the economy went to pot. A lot of times it IS happily ever after, but sometimes low cost housing and taxes just ain't enough if the income stream is $0.
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