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Old 10-31-2012, 10:01 AM
Location: Portland, OR
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I moved from Virginia with its 5.5% approximately flat income tax and 5% sales tax, to Oregon with its approximately flat 9% income tax but no sales tax. So my income tax rate rises 3.5% points but I lose a 5% sales tax. I feel about 2/3 of my after tax spending would be subject to a sales tax (roughly: rent, student loans, and after tax 401k contribs being the only after tax outflows not subject to consumption tax), so does it look like this tax change nets out to zero? To me it looks like it does, roughly, but wanted others' opinions.
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Old 10-31-2012, 11:59 PM
Location: Los Angeles area
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Your reasoning seems logical to me. I do not know enough to be able to answer your question with any precision, but there are also other taxes to consider, mostly property taxes and also fees such as auto registration. Property taxes can vary quite a bit from county to county even within a given state, and they can make rents more or less expensive, other things being equal, as the landlords have the property tax as a cost of doing business.
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