01-26-2016, 11:35 PM
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#11
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Senior Member
Join Date: Feb 2008
Location: Gilford, NH / Welch Island
Posts: 6,537
Thanks: 2,455
Thanked 5,468 Times in 2,143 Posts
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Quote:
Originally Posted by Cal-to-NH
Thanks camp guy. Appreciate the support. I have asked the broker showing us around and he says there are no problems because it's a high-mountain lake. I guess I feel better validating it with the year-rounders. The new flood plains are showing some areas and they are of course located near the feed-streams as far as I can tell - and they are very hard to interpret and navigate through....
So finally on the cost of living. For those one-dimensional people who think property tax is the alpha and omega, it's time to go to school. My income tax is 10%, what is yours? My electric bill is $500 a month - is yours? I filled-up today - gas was $2.60/gal for regular - is yours? My water bill - with rationing - is $380 a month - is yours? I have a pension - it is taxed in California at 10% - is yours? I have an annuity - but I was smart enough to put in in my 401K - when I take it out in California it is taxed at 10% - is yours? I have tax-free
muni-bonds, but if you don't get a California muni they will tax it at 10%, and last I checked there are 49 other states with municipal bonds, but I can't invest in them - can you? My cable bill is only basic TV and internet - it costs $206 a month (Time-Warner - one star customer rating. I've heard yours isn't that good either), is yours? My tax on a $1,.2M house is $12,500 a year - does that sound horribly different from a $1.2M home in Alton, Moultonborough, Tutonboro, Wolfboro? No, not that much. Do I have to even go into my Auto insurance? Try getting home-owners insurance in wildfire territory. Have you even seen the annual excise taxes for your cars? I bought a Toyota Tacoma last year and paid $3,700 state sales tax. And everything else has a sales tax at 9%. - including clothes. Even Massachusetts doesn't have the audacity to tax clothes. Should I keep going?
You should not be knocking NH about their overall tax burden on the resident. It is mind-boggling that you think the tax burden for the two states are in the same neighborhood. In fact they are not even in the same solar-system. And there are costs outside of taxes as described above that aren't even close to being comparable in the two states.
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Wow! Just unbelievable what your being taxed on in California. Nice to hear the real facts from someone in the know!!
Welcome to NH!!!
Dan
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It's Always Sunny On Welch Island!!
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