Tax Guru – Ker$tetter Letter

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Archive for December 29th, 2018

Everyone has their breaking point…

Posted by taxguru on December 29, 2018

I never tire of these stories about people who have finally been hit with their final straw and decided to put an end to their fiscal rape by insatiable tax hungry State Rulers and physically relocate to less expensive locales.

High-Tax State Exodus

More people leaving New Jersey than arriving, moving company says

Texas, Florida see big population gains, while New York, Illinois see big losses, Census Bureau data show

With so much of their tax base fleeing their clutches, the State Rulers will continue to follow the path of squeezing even more out of those who remain within their jurisdiction.  The short-sighted Rulers have never been able to grasp the moral of Aesop’s “Goose That Laid the Golden Eggs” fable.

Just wait until people in those high tax states see their 2018 1040s during the upcoming Tax Season, with the amount of non-deductible state and local personal taxes because of the new ridiculously unfair $10,000 limit. That should trigger even more Tax Refugees.   

Posted in StateTaxes | Comments Off on Everyone has their breaking point…