4down20
Quit checking me out.
thats not true at all. for example a shop in NYC pays 10x the rent as a shop in a rural area. however what it loses in rent it makes up in having 1000x the customer visits. same in the white collar industry. the benefits of being in the NYC hub (for example clients & local resources) far outweigh the costs of owning a building downtown. it has nothing to do with getting more income because the prices are higher.
And the more money you make, the more you pay in taxes. Of course businesses make up for it, otherwise they would go out of business. It's funny how you keep changing things around every time you get proven wrong. Now suddenly the extra costs are ok...because more customers.
You aren't even close to talking about my income bracket. Even more important, you aren't even close to talking about the income bracket it costs for someone to live where I did in California.and as for your federal income tax comment.......
in the example i gave 25k vs 50K theres no difference because they are in the same 15% bracket. (17k to 72k). the federal tax rates are setup specifically to keep the idea that you proposed from happening.
now think about this logically. even if this was indeed true you are talking a tax rate difference of 5%, but get double the income. lets see 50% more money 5% more taxes........would you take that deal? fuck i would.
And you are not just talking about the tax and double the income. You are talking about double the costs as well.
For example.
My rent in California: $2450 a month.
My rent in Tennessee: $740 a month.
My electric bill in California: $500 a month.
Water in California: $120 a month.
My water/electric in Tennessee(1 bill): $240 a month.
Gas in California: $4+ a gallon.
Tennessee: $3+ a gallon.
My average visit to a grocery store for a week of groceries in California: $300.
Tennessee: $120
Car insurance in California: $150 a month.
Tennessee: $80 a month.
Oh, and my garbage in California: $35 a month. Tennessee: Free.
Cable and such is basically the same.
Taxes in California: Personal income tax for me was: $2200 + 9%.
Tennessee: No income tax.
Sales Tax in California: 10%(7.5% of which is state).
Tennessee: 9% (7% of which is state). Oh, and the tax on groceries is even less.
And on down the list. I can pretty much pay all my bills, rent, utilities and everything in Tennesee for just the cost of my rent alone in California. Even though I'm making about $25,000 less in Tennessee than I was in California, I have WAY more money left over for luxury spending.
Sorry kid, get a job, join the real world and learn a little.
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