Ranks and profiles total taxes of 149 metorpolitan areas and retirement towns. go if your retirement dreamland will turn out to be a tax heaven- or hell. This description may be from another edition of this product.
I have no trouble determining what kind of climate or what size town I would like to retire to - this book offers the kind of information that REALLY helps me make decisions about relocation for retirement - the tax consequences of relocation and specific, state-by-state information about the tax burdens placed on retirees (or anyone else who is thinking about relocation)! The book includes information about the tax structures of several cities within each state so you can get great info on local taxes, too. The tax info is broken down into each kind of tax; income tax, property tax, sales tax, auto taxes, & other special taxes. States & cities are ranked according to tax burdens for several different income levels. In other books I've read that rank cities, the rankings are pretty subjective - I don't need or want a city that's ranked higher because it has an opera house or a sports stadium! The rankings in this book are based on taxes - plain & simple! State & Local taxes work out to be around 40% of the total taxes paid by each of us, so savings on state and local taxes can make a big difference in comfort and quality of life. Recent studies have shown that states with lower taxes actually provide better services, in other words; schools, parks, roads and other state funded amenities are as good or better in low-tax states. Ever wonder why all the movie stars buy ranches in Wyoming? This book explains it!!!! I hope the authors will update this book every few years! It's a perfect resource!
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