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Brown Cafe UPS Forum
Life After Brown
State Taxes and Property Taxes
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<blockquote data-quote="moreluck" data-source="post: 169788" data-attributes="member: 1246"><p>Scratch...doing homework...so true! You have to check every tax, not just property taxes. Each state has hidden taxes you don't find out about 'til you move there. So always ask ???'s</p><p> </p><p>For instance, don't know if it's still true, but Florida , no state tax, used to tax your portfolio yearly. People flock to Nevada for no tax and end up paying some of the highest sales tax around and that affects everything you buy every single day.</p><p> </p><p>Naive me when we moved to Utah I went to license 2 vehicles with a checkbook with only about $100 in it. I thought, like Ohio at the time, that the licenses for the cars would be $15 each. They explained to me about a personal property tax payed each year on your vehicles......Yikes! Needless to say I had to return another day with more $$$.</p><p> </p><p> You really have to weigh it all and be informed.</p></blockquote><p></p>
[QUOTE="moreluck, post: 169788, member: 1246"] Scratch...doing homework...so true! You have to check every tax, not just property taxes. Each state has hidden taxes you don't find out about 'til you move there. So always ask ???'s For instance, don't know if it's still true, but Florida , no state tax, used to tax your portfolio yearly. People flock to Nevada for no tax and end up paying some of the highest sales tax around and that affects everything you buy every single day. Naive me when we moved to Utah I went to license 2 vehicles with a checkbook with only about $100 in it. I thought, like Ohio at the time, that the licenses for the cars would be $15 each. They explained to me about a personal property tax payed each year on your vehicles......Yikes! Needless to say I had to return another day with more $$$. You really have to weigh it all and be informed. [/QUOTE]
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