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The Way I See It!

I am an Ultra-Conservative, Alpha-Male, True Authentic Leader, Type "C" Personality, who is very active in my community; whether it is donating time, clothes or money for Project Concern or going to Common Council meetings and voicing my opinions. As a blogger, I intend to provide a different viewpoint "The way I see it!" on various world, national and local issues with a few helpful tips & tidbits sprinkled in.

More on Wisconsin's Taxes

Posted by Randy Hollenbeck on June 23, 2010

Wisconsin, Taxes

America’s money is moving to Florida, Texas

Forbes analysis of IRS data shows that the rich like warm tax havens

 

Surprise: America's wealthy like warm weather and low taxes.  That's the takeaway from IRS data, analyzed by Forbes, on moves between counties.  We looked for counties that the rich are moving to in big numbers.

 

After accounting for property taxes, Shrum's analysis shows that Texas has the fourth-lowest personal tax burden in the country, and Florida has the eighth lowest.  Shrum also points to eight states that have targeted wealthy households with extra-high tax brackets: California, New Jersey, New York, Maryland, Hawaii, Oregon, Connecticut and Wisconsin.  Six of the top 10 counties the rich are fleeing are located in those states.

 

Please read the full story at MSNBC

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