Thread: Texas tax none
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Old 08-30-2004, 02:26 PM   #9
Happy Monkey
I think this line's mostly filler.
 
Join Date: Jan 2003
Location: DC
Posts: 13,575
Quote:
Originally Posted by smoothmoniker
plus the highest property taxes in the country (in dollars per person)
That's a strange way to count property taxes. Not that I'm disputing California's reputation as a high-tax area.

Anyway, I doubt that property and sales taxes can make up for income tax, for the extremely wealthy. For the most part, the wealthier you are, the smaller the percentage of your income goes to property and purchases (assuming a modicum of restraint - see Mike Tyson).
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