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03-08-2009, 06:55 PM | #1 |
Feeling at Home
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10 Least Taxed Cites
It's not what you earn, it's what you keep that often dictates your standard of living. With that in mind, take this quick tour of the ten cities in the nation that have the lowest overall tax burden. These cities came out on top (er, at the bottom, really) of the 2007-2008 District of Columbia survey of state and local tax burdens for the largest city in each state, plus D.C.
Tax rankings are based on 2007 tax return computations for a two-income couple earning $75,000 with one school age child. The real property tax is a function of housing values, real estate tax rates, assessment levels, homeowner exemptions and credits. The auto tax figure assumes the couple owns two cars and is based on the estimated registration fees, state and local gasoline taxes, and personal property taxes, if any. No. 1 Anchorage, Alaska Income tax: $0 Property tax: $2,572 Sales tax: $0 Auto tax: $165 STATE & LOCAL TAX BURDEN: 3.6% (National median tax burden: 8.5%) Urban Facts: Taxes? Residents of Anchorage actually receive an annual "dividend" payment derived from levies on state oil drilling operations. In sheer geographic size, the city of Anchorage is larger than the state of Rhode Island. It is home to 42% of all Alaskan residents. No. 2 Manchester, New Hampshire Income tax: $0 Property tax: $2,349 Sales tax: $0 Auto tax: $493 STATE & LOCAL TAX BURDEN: 3.8% Urban Facts: New Hampshire's favorable tax structure and Manchester's proximity to Boston makes it an attractive residence for flinty New Englanders. No. 3 Cheyenne, Wyoming Income tax: $0 Property tax: $1,326 Sales tax: $1,512 Auto tax: $665 STATE & LOCAL TAX BURDEN: 4.7% Urban Facts: Levies on mining and oil account for nearly half of the Equality State's tax revenues. Cheyenne is in close proximity to the geographical center of North America. No. 4 Seattle, Washington Income tax: $0 Property tax: $1,698 Sales tax: $1,561 Auto tax: $457 STATE & LOCAL TAX BURDEN: 5.0% Urban Facts: Seattle may be a tax-friendly city, but it also has a high cost of living, well above the national average. The median home sales price was $375,000 for last quarter of 2008, compared to $200,000 at the national level. No. 5 Las Vegas, Nevada Income tax: $0 Property tax: $2,251 Sales tax: $1,072 Auto tax: $486 STATE & LOCAL TAX BURDEN: 5.1% Urban Facts: Gaming taxes account for 27% of the state's general revenue funds. The city's rapid growth a few years ago that drew more than 5,000 new residents every month was propped up on subprime lending. Now Las Vegas has the highest foreclosure rate among U.S. cities. No. 6 Jacksonville, Florida Income tax: $0 Property tax: $2,456 Sales tax: $1,284 Auto tax: $195 STATE & LOCAL TAX BURDEN: 5.2% Urban Facts: The state intangibles tax on certain investments was repealed in 2007. Jacksonville is the third-most populous city on the East Coast, after New York City and Philadelphia. (Other cities such as Boston, Washington, D.C., and Miami have larger metropolitan area populations.) No. 7 Sioux Falls, South Dakota Income tax: $0 Property tax: $2,760 Sales tax: $1,518 Auto tax: $294 STATE & LOCAL TAX BURDEN: 6.1% Urban Facts: In fiscal year 2007, lottery gaming put $110 million in the state till to provide a 30% property-tax relief. Sioux Falls has the largest shopping center between Minneapolis and Denver. No. 8 Phoenix, Arizona Income tax: $1,241 Property tax: $1,401 Sales tax: $1,849 Auto tax: $588 STATE & LOCAL TAX BURDEN: 6.8% Urban Facts: Tax information for Phoenix includes the entire metropolitan area which extends to cities of Scottsdale, Mesa, Tempe, Chandler, Gilbert, Glendale and Peoria. But housing prices and local tax can vary significantly from locality to locality. No. 9 Billings, Montana Income tax: $2,559 Property tax: $1,865 Sales tax: $0 Auto tax: $689 STATE & LOCAL TAX BURDEN: 6.8% Urban Facts: Billings taxpayers with adjusted gross incomes of less than $30,000 can exclude up to $3,600 of their pension income from state taxes. Dubbed locally as the "Magic City," Billings is supporting growth by dunning its energy, agriculture, and transportation industries. No. 10 Chicago, Illinois Income tax: $2,019 Property tax: $1,023 Sales tax: $1,624 Auto tax: $478 STATE & LOCAL TAX BURDEN: 6.9% Urban Facts: Chicago's effective real-estate tax rate of .70% and various exemption programs keep real property tax low. Just keep in mind that this surprisingly tax-friendly city doesn't offer the same breaks for other cost-of-living expenses.
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Build a man a fire and he will be warm for hours. Set a man on fire and he will be warm for the rest of his life. |
03-08-2009, 07:15 PM | #2 |
New Patriotic Dissenter
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Re: 10 Least Taxed Cites
As far as I am concerned, any state with a property tax (including my own, PA) is unconstitutional, and at the very least immoral. A property tax says you can never own you home, and all land is the gov'ts. That is anti-freedom, anti-constitution, and anti-american. If the gov't owns all the property we live in tyranny. If you disagree, I'd love to hear your argument, as I believe anyone who believes in property taxes is a collectivist at the very least, an anti-american, socialist/communist at worst. Without economic freedom, we have no freedom.
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"If you resolve to give up smoking, drinking, and loving, you don't actually live longer, it just seems longer."--Clement Freud |
03-08-2009, 07:36 PM | #3 | |
F.U.B.O.
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Re: 10 Least Taxed Cites
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Heck, at one point it was unconstitutional to have income taxes. I fully agree with this, as to tax something so necessary as income gives too much power to the government, again in my most-humble-more-philosophical-than-political opinion. |
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03-08-2009, 07:41 PM | #4 |
S.O.B.
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Re: 10 Least Taxed Cites
As an outsider I have a few questions...
1 - Do you pay property tax to the state or the county? Up here in the frozen north, our property taxes are based on an assessed value of the property, and are paid to the local municipal or regional gov. to pay for local serivces (sewer, roads, garbage collection,etc.) 2 - When you say sales tax, do you pay only Federal sales tax?
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Darryl, SOB... |
03-08-2009, 07:48 PM | #5 | |
New Patriotic Dissenter
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Re: 10 Least Taxed Cites
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"If you resolve to give up smoking, drinking, and loving, you don't actually live longer, it just seems longer."--Clement Freud |
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03-08-2009, 07:54 PM | #6 |
Feeling at Home
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Re: 10 Least Taxed Cites
Less taxes = more cigar $$$
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Build a man a fire and he will be warm for hours. Set a man on fire and he will be warm for the rest of his life. |
03-08-2009, 08:29 PM | #7 | |
F.U.B.O.
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Re: 10 Least Taxed Cites
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Taxation is very tricky and can very easily be used to target a group...and destroy a country. I think many of us are seeing this right now. |
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03-08-2009, 09:11 PM | #8 |
New Patriotic Dissenter
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Re: 10 Least Taxed Cites
AMEN, I taught my sunday school class this morning and the subject was leadership. One of the class members said that he thought that there was an attitude of love now. I asked him what he was talking about, he said, "you know with the new president". I replied, I have to tell you, I'm just not feelin' the love. I got some laughs, but not as many as I should have in a free society. Religion aside, I am a free market capitalist, I feel that is the most fair, moral system that has ever existed, and right now, right here, it under assault like never before. When we disempower the indivdual in favor of some kind of utopian scheme it can only lead to oppression. I hope I am wrong, but the current track we are now on seems to be headed to less individual rights in favor of some kind of scheme where everybody is equally miserable.
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"If you resolve to give up smoking, drinking, and loving, you don't actually live longer, it just seems longer."--Clement Freud |
03-08-2009, 09:17 PM | #9 | |
Crotchety Geezer
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Re: 10 Least Taxed Cites
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How can you have any pudding if you don't eat your meat? |
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03-08-2009, 09:32 PM | #10 | |
Crotchety Geezer
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Re: 10 Least Taxed Cites
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The fackin idiots in DC have been escalating the ante each and every time the stupid f&^%$#@ get elected. I'll be damned if its my frickin job to pay for every stupid government program idiots dream up. Screw the spotted owl. To hell with pig **** smell - damned pork barrel BS. Why in the f&^% am I paying for that stupid ugly 81tch who had 8 kids with no f&^%$#@ job. *&^%ing *&^%ing *&^% ... food stamps are coming out of my g*&^%$#@! pocket and I'd appreciate if you f&^%$#@ getting food stamps act like you f*&^%$# understand the mugging, OK? We need to have a party focused on NOT PISSING AWAY OUR FRICKIN TAX MONEY. Taxes are pushing our country into a dumpster.
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How can you have any pudding if you don't eat your meat? |
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03-08-2009, 09:35 PM | #11 | |
Guest
Posts: n/a
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Re: 10 Least Taxed Cites
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03-08-2009, 11:26 PM | #12 |
Have My Own Room
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Re: 10 Least Taxed Cites
Time for us libertarian, constitutionally minded people to rise up and force the governing a$$holes back to following the constitution.
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"The welfare of humanity is always the alibi of tyrants." Albert Camus Cool Cigar Themed Stuff |
03-09-2009, 06:21 AM | #13 | |||
Feeling at Home
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Re: 10 Least Taxed Cites
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Y'all might like this one: |
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03-09-2009, 07:42 AM | #14 | |
Neither here, nor there
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Re: 10 Least Taxed Cites
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2. Depending on what you buy and where you live, there can be local, state and federal sales taxes. |
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03-09-2009, 09:30 AM | #15 |
1:11
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Re: 10 Least Taxed Cites
This thread is 1 click away from the dumpster.
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Cigar Asylum: A cigar board birthed without agendas, without profiting, and without advertisements. Amor puro Character is what you do when no one is watching |
03-09-2009, 10:35 AM | #16 | |
F.U.B.O.
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Re: 10 Least Taxed Cites
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"Everyone leaves everyone else alone". I think things would be a hell of a lot better if more people had an attitude of independence and self-sufficiency rather than that of self-righteousness. |
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03-09-2009, 10:51 AM | #17 |
Guest
Posts: n/a
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Re: 10 Least Taxed Cites
Back to the O.P. I am seriously considering Wyoming for my John Galt strike. I keep seeing it turn up in statistics like the above.
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