Quote:
Originally Posted by twobjshelbys
Isn't CT the state that taxes based on current market value instead of depreciated? I seem to recall a guy here trying to get a year of origin through but not succeeding so far. The problem is that in much of New England, revenue is local instead of state so the "property tax" on cars is determined locally and with declining revenues and real estate taxes already as high as people will tolerate they look to taxing other things. "If it moves or stands still, tax it"
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States with unrealistic and oppressive tax policies all profile similarly. While not always possible, where possible, it is to your advantage to move to a more tax-friendly state. Sadly, that is not always possible; ask me how I know
The voting with your feet message usually takes a while for the tax and spend style politicians to comprehend, but eventually, even the slipperiest and sleaziest do get the reduced tax revenue message. Even NY and CA, as dim-witted and corrupt as their politicians are, are slowly getting the message.
San Francisco’s Mayor recently asked their remaining well-to-do residents (a large portion of the business and middle-class tax base has already moved out) to help with the city’s tax revenue shortfall. I never heard how that finally played out. I suspect, but do not know, that it felt flat after the request was made.