Forum Discussion
n7bsn
Mar 12, 2015Explorer
Worry more about total tax load and cost of living.
Each state has different taxing methods and concepts, look at how they impact you and how you want to live.
If a state gets most of it's income from sales and property tax, if you only "reside" in that state, but don't "live" there, and don't own property there, it could be that is a good state for you to "reside" in.
A state with really low taxes, but food, clothing, etc costs lots, that may not be a good state to "live" in.
Each state has different taxing methods and concepts, look at how they impact you and how you want to live.
If a state gets most of it's income from sales and property tax, if you only "reside" in that state, but don't "live" there, and don't own property there, it could be that is a good state for you to "reside" in.
A state with really low taxes, but food, clothing, etc costs lots, that may not be a good state to "live" in.
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