Texas has significantly higher property taxes than California. So high in fact, many of the tech bros that moved out there and bought a million dollar home had a higher total tax burden even though California has higher income and sales taxes.
Don’t ever trust a cool guide to figure your taxes, just do the math yourself.
Also higher taxes can save you money in the long term if those taxes support things like infrastructure, education, and healthcare. Living in Texas, getting back 10-20% of your income back through lower taxes but receiving a fraction of the benefits of a social democracy in a Nordic country ain’t a fair trade for working people.
Glad you’ve put a little more meat on the bone. Taxes are so much more complicated in every country than memes like this ever capture. Second point is totally true, but who wants well maintained roads and hospitals?
Texas has significantly higher property taxes than California. So high in fact, many of the tech bros that moved out there and bought a million dollar home had a higher total tax burden even though California has higher income and sales taxes.
Don’t ever trust a cool guide to figure your taxes, just do the math yourself.
Also higher taxes can save you money in the long term if those taxes support things like infrastructure, education, and healthcare. Living in Texas, getting back 10-20% of your income back through lower taxes but receiving a fraction of the benefits of a social democracy in a Nordic country ain’t a fair trade for working people.
Glad you’ve put a little more meat on the bone. Taxes are so much more complicated in every country than memes like this ever capture. Second point is totally true, but who wants well maintained roads and hospitals?