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chosen566 OP t1_iuewytx wrote

Reply to comment by Peeeculiar in Where to move? Single 32 and remote… by chosen566

I won’t want MA Income tax

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capta2k t1_iuf8fw7 wrote

It's a 2% difference in total tax burden as calculated by the Tax Foundation - why not try it for a year. Money can't buy you love.

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wegandi t1_iuhqslx wrote

2%? Not even.

https://pioneerinstitute.org/blog/blog-better-government/blog-transparency/new-hampshire-tax-burden-dramatically-less-than-massachusetts/#:~:text=Overall%20Tax%20Burdens,Massachusetts%20(see%20figure%201).

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capta2k t1_iuhu0zv wrote

Your 600 word blog by an intern does appear to draw a different conclusion than the research done by policy experts in this field - https://taxfoundation.org/tax-burden-by-state-2022/

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wegandi t1_iuiec8q wrote

Yeah, I bet you didnt take one second to look at methodology.

Here from your "experts":

[Quote]In this study, we define a state’s tax burden as state and local taxes paid by a state’s residents divided by that state’s share of net national product. This study’s contribution to our understanding of true tax burdens is its focus on the fact that each of us not only pays state and local taxes to our own places of residence, but also to the governments of states and localities in which we do not live.[/quote]

Lets just say, using [net national product] as a component of state TAX burden is preposterous. If you want to know how much tax youre likely to pay, dont use that tax foundation "study".

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capta2k t1_iuietop wrote

ELI5 the flaw in their methodology

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wegandi t1_iuif75l wrote

Net national product has nothing to do with the tax rate you pay. How do we pay other states taxes? Fed taxes are uniform; you pay what your bracket is. The only adjustment you can perhaps argue for was SALT deductions, but yeah, their methodology has nothing to do with state tax burdens.

I do enjoy you ad hominem the credentials / character of my source rather than its methodology or factual tax rates and collections. Anyone can see what bogus BS that is.

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AlcoholicZebra54 t1_iuezgzb wrote

You sound like me! I am single and work in tech, had been in Seattle and moved back home with Covid. I would live in Boston or NYC but the savings is too much with no income tax here. The ONLY reasonable answer is Portsmouth. It’s small but pretty nice and has some nightlife. Dating scene is not great. Certainly don’t expect NYC lol. I’m trying to figure out longer term if I just bite the bullet on taxes but it’s tough to swallow.

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chosen566 OP t1_iuf383p wrote

In nyc, everyone wants to keep dating everyone, I’m looking to settle down

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