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dnstommy t1_jbea6gn wrote

I’d move there just for the tax benefit if I could.

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bleahdeebleah t1_jbenkci wrote

Depends on how much you make. I can't link directly but if you go here and select NH you'll see that if you're in the bottom 20% of income you pay 9.1% of family income.

In VT in the bottom 20% it's 8.7%. Which isn't a huge difference, but is a difference.

As you get more wealthy, NH looks better for taxes.

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dnstommy t1_jbeobwi wrote

I’m in the 30% fed and top VT tax bracket. I moved from Florida pre pandemic. My extra cost to live here is $26k a year.

My wife is from here and the schools are great, so I eat it.

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bleahdeebleah t1_jbept1d wrote

Top 20% in Florida is 2.3%

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dnstommy t1_jbeqkp9 wrote

Ugggg. That's a tough one. I just came back from the kids vacation in Florida. Its crazy and over populated, but I still love it there. Warm, sunny, lots to do. Knowing that I am writing a $2300 check once a month for what is free or cheaper in Florida.

I love my wife and kids.

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Soci3talCollaps3 t1_jbg80jg wrote

When you live in florida, you'll understand why those taxes in Vermont are valuable. Especially if you have kids and put them in a Florida school. The only places that have some decent schools are those that have high local taxes to make up for the lack of money coming from the state

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