tag:blogger.com,1999:blog-12703782.post4877392265343360371..comments2020-04-11T03:30:02.282-05:00Gary R. Welshhttp://www.blogger.com/profile/15185079937305083438noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-12703782.post-38772468523011310022009-04-18T14:42:00.000-05:002009-04-18T14:42:00.000-05:00Of course, if you make a lot of money moving to Hamilton County saves on your income taxes, right?<br /><br />A $500,000 a year person would save something like $3,250 a year ... which after income taxes and such has to be equal to a net gain in after-tax income of around one full percentage point. <br /><br />Most investors would love to figure out how to squeeze and extra 1% out of their investment returns and most of us would welcome an extra 1% raise. Just moving sometimes does the trick.<br /><br />I read a great quote recently and have adapted it to this from an economics perspective: Taxes redistribute wealth in the short run and people in the long.<br /><br />This is why New York, California and Illinois are losing population faster than any other states. It works on a small scale too.<br /><br />[note: this explains just one of many reasons why people might flee Marion County and is not an exhaustive analysis of all potential reasons.]Sean Shepardhttps://www.blogger.com/profile/04784017076656340302noreply@blogger.comtag:blogger.com,1999:blog-12703782.post-88179337194140282662009-04-17T12:26:00.000-05:002009-04-17T12:26:00.000-05:00Guess Mr. Tobias' ex-wife to be will get to keep their home in Marion County...Mike Whttps://www.blogger.com/profile/01472258122354147134noreply@blogger.com