[BobNJ1960]

Originally Posted by kidyankee764

The 5k was factoring income tax, as I mentioned.

As for services - excellent. Garbage pickup twice a week, good schools, beautiful and well kept roadways/medians. You should check it out sometime. You would be surprised.

I am familiar and that area is drop dead gorgeous. Quite affluent. Affluent areas nationally = educated parents = parents who will not put up with poor school systems.

In the last few decades, we have seen the pattern hold. Tell me the baby boomer parents level of education, and their children's level will be similar -perhaps slightly better. It creates gigantic differentials in quality of school systems in cities and towns that are neighbors. That differential holds in all states, including Ct.

[JayCT]

Originally Posted by kidyankee764

Yes, here we go again. As I stated, FL taxes are far less than the AVERAGE town in CT. You conveniently chose to compare using the community known to have the lowest taxes in the state to Coral Gables, which has the highest tax rate in Miami Dade. It is an extreme, unfair comparison and very misleading. Try again, this time using Glastonbury or Woodbridge.

I am comparing taxes in comparable communities. It is a fair comparison.

The reason Florida taxes overall are so low is that a lot of the state is unincorporated where there are little to no government services. Also the schools basically stink. The towns with decent schools have higher taxes as well. I never said they weren’t lower but when comparing comparable communities the difference is not as dramatic as you claim. Jay

[JayCT]

Originally Posted by kidyankee764

The 5k was factoring income tax, as I mentioned.

As for services - excellent. Garbage pickup twice a week, good schools, massive high tech public library, beautiful and well kept roadways/medians. You should check it out sometime. You would be surprised.

And where would this excellent place be exactly? Jay

[kidyankee764]

Originally Posted by JayCT

And where would this excellent place be exactly? Jay

I’ve already mentioned community names above.

[kidyankee764]

Originally Posted by JayCT

I am comparing taxes in comparable communities. It is a fair comparison.

The reason Florida taxes overall are so low is that a lot of the state is unincorporated where there are little to no government services. Also the schools basically stink. The towns with decent schools have higher taxes as well. I never said they weren’t lower but when comparing comparable communities the difference is not as dramatic as you claim. Jay

It is not a fair comparison and this has occurred many times - the cherry pick of Greenwich (CT’s lowest taxed suburb) to *insert out of state community here*. Eyeroll.

According to the tax foundation (by the US census bureau) the median property tax on a home in Hartford, New Haven and Fairfield County is double that of Miami, Palm Beach and Broward County FL. The median home price in those counties is similar to New Haven County. Imagine that.

[kidyankee764]

Originally Posted by MrGompers

Doesn't sound worth it to me, I would imagine the math is the same for other people in my situation.
I'm one of the people that would actually move for better weather. I'd even pay more in taxes, but Florida isn't my idea of better weather, southern California is.

That’s great for you - statistics show that many disagree with you. Now back to the discussion at hand - tax burden. There is no doubt CT has a higher tax burden than FL. Full stop.

[kidyankee764]

Originally Posted by BobNJ1960

I am familiar and that area is drop dead gorgeous. Quite affluent. Affluent areas nationally = educated parents = parents who will not put up with poor school systems.

In the last few decades, we have seen the pattern hold. Tell me the baby boomer parents level of education, and their children's level will be similar -perhaps slightly better. It creates gigantic differentials in quality of school systems in cities and towns that are neighbors. That differential holds in all states, including Ct.

Yes, many areas of Palm Beach County are amazingly beautiful. How well kept some of the communities are would have CT residents drooling. A ton of residents there, young and old, are from CT and have amazing jobs - and would never move back.

[MrGompers]

Originally Posted by kidyankee764

That’s great for you - statistics show that many disagree with you. Now back to the discussion at hand - tax burden. There is no doubt CT has a higher tax burden than FL. Full stop.

You think people would move to save $2500 in taxes ?


Tax arbitrage is only for the wealthy.

[kidyankee764]

Originally Posted by MrGompers

You think people would move to save $2500 in taxes ?

Tax arbitrage is only for the wealthy.

I’ll repost my former response to you, so, again...

Originally Posted by kidyankee764

Is it worth a relocation to save 5k a year? Probably not (for most, there are other factors like warm winters, better economy etc). But it’s very difficult to argue that FL’s tax burden is as high.

Reread my last sentence.

[AtkinsonDan]

Originally Posted by MrGompers

You think people would move to save $2500 in taxes ?

You left off the 'per year' detail. Was that intentional?

The same principle applies to dropping cable TV service. The dollars add up to significant savings over a lifetime.