Thruthefog
Can'tre Member
Looks like Collins almost chose Detroit.
La'el Collins gave 'great' thought to signing with Detroit Lions
But the 0% state income tax won yet again.
Move the Lions to San Antonio?
Looks like Collins almost chose Detroit.
La'el Collins gave 'great' thought to signing with Detroit Lions
Looks like Collins almost chose Detroit.
La'el Collins gave 'great' thought to signing with Detroit Lions
But the 0% state income tax won yet again.
Move the Lions to San Antonio?
There is something to be said for low or no State Income Tax. However, the revenues end up being made up in other fashions. Sales Tax, Use Fees, Properly Tax, all come into play. The easiest to calculate on a differential basis is for the Income Tax portion, but the true cost of living is harder to determine.
But the 0% state income tax won yet again.
Move the Lions to San Antonio?
Agreed. But you know that 0% state income tax is some serious 'eye candy'. And that's what Detroit is competing with.
That would be awesome to move them to Las Vegas. No state tax here in Nevada.
I think the lack of income tax is a bigger factor on $1.6 million than it is for the kinds of salaries we make. His cost of living will certainly be higher in Dallas than it would be in Detroit, but he'll be so busy with football that he won't see a lot of those usage fees and whatnot.
You both make solid points, though...
Not really, the cost in Dallas is high. The cost in Fort Worth, Plano, and Arlington are all low. I believe the stadium is in Arlington anyway. I have put a lot of thought into moving down there, Dallas has the 5th highest rate for job growth, and there are plenty of low cost places to live within 20 minutes of it.
The no state taxes does not mean anything, they make up a lot of it with very high property tax.
My property tax rate is 2.1%. With the Homestead Exemption, it is 1.4%. Is that high? I'm not familiar with the rates of other states.
The average accross all cities, Texas comes in at about 1.8% which is the third highest(1. New Hampshire 2. New Jersey).
The average in Utah is about .6%, putting it about 40th, but Utah taxes the crap out of you in a lot of areas, mostly because the lottery is illegal, which is great revenue for most states. So the difference in taxes on a 300k home between the 2 states is 3,600 a year. Utah also has bloated home values, so a house that costs 175k in that area is as nice as a house that costs around 250 or so in Utah, so the tax number would be less then that as well, as your mortgage is probably less in the first place.
I have spent a lot of time recently thinking about a move, my final conclusion has been that Texas is better economically for my family, but I am not sure if it is by a great enough number to uproot my family. Plus I like the mountains here.
I certainly understand the mountain thing. Luckily I live about 4.5 hours from the Rockies in northern New Mexico. But for me, it's not just the mountains. I like to look at a real tree on occasion.
That's how some Lions fans got about Suh.