Best No State Income Tax Place To Live

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SUP3RNOVA said:
Naw actually because us people that make a lot of money like linking up with other people making just as much money; so that all of us can share ideas and make even more money.

They guys I'd live with are dominating markets anyways so we're already competition, so we're a lot more open about what we're doing.

And it'd be fun to live with a group of people with the same general interests as you.
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Hey man - we're not judging your gayness.
 
I've lived in South Florida a long time, minus the occasional hurricane scare this place is pretty awesome (unless you have to battle it out in traffic everyday). Awesome weather, no state tax, and beautiful women everywhere.

I've also noticed it's a lot cheaper than most other major cities.
 
Yea I would suggest south FL, anywhere from West Palm down is nice. I lived in fort lauderdale for a while and plan on moving back there as soon as possible. There is alot to do, nice houses on water, and the girls are amazing in south fl. If my state passes this affiliate tax they have proposed, I will be back in FL asap.
 
Seattle/Pacific Northwest - great food, 4 seasons, skiing, coast, rivers, trees, lots of high tech, smart educated people, higher cost of living, diverse, friendly, Jimi Hendrix, Bruce Lee, microbrews, and Salmon. Vancouver BC is closeby, and you're a relatively short flight from San Francisco, Vegas and S. California.

S. Florida - hot, lots of [also hot] women, traffic, congested, crime, beach, key west, lagoons and clear water, nightclubs out the wazoo, wetlands, Everglades, lower cost of living (slightly), tourists, Caribbean influence, good food, plenty of hustlers and cons love to hide in Florida, Homestead exeption, deadbeat friendly.

Obviously I'm a fan of the Pacific NW, but no one knows where YOU will like it the most unless they know you real well, and even then it's just an opinion.

Good luck, you've got lots of good choices in my opinion, none would be terrible.
 
Choose Florida, choose life.:)
Choices recommended by experts:
Yes, there are lot of old people in FL, but not in South Beach or Ft. Lauderdale, too loud for them. Definitely the number one choice. Las vegas number 2, just because it's too small.

If you want to be stuck with 5 guys and your girlfriend in a house for whole winter time, than go ahead and move to Seattle.
 
coolguy20 said:
Problem is if the IRS thinks you moved for Tax Reasons they can keep taxing you for another ten years or so.
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You are confusing two things here.

As a US citizen you are taxed on your worldwide income, no matter where you live. The 10 years come into affect if you try to get rid of your US citizenship, you can be forced to pay up to 10 years after losing your citizenship, that is if they even let you.
 
gopher said:
You are confusing two things here.

As a US citizen you are taxed on your worldwide income, no matter where you live. The 10 years come into affect if you try to get rid of your US citizenship, you can be forced to pay up to 10 years after losing your citizenship, that is if they even let you.
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Right, which if that isn't the definition of slavery, I don't know what is.

You no longer live on the master's plantation (which in itself is slavery), and he insists upon taking a portion of your labor regardless.

It's insane.
 
I lived in Seattle for 11 months and it was an absolutely phenomenal place to live, visit and do business. The people are friendly, the weather is awesome (the rain is nothing more than a constant mist that only enhances the natural beauty of the landscape), the clubs & venues are welcoming and unpretentious, and the seafood is divine. I don't know how it 'measures up' to the other possible states as far as a tax haven, but I have been back to Seattle every year since I left and miss it more every time I leave. The only drawback right now is that they have no NBA team and the Mariners are subpar (though Safeco is the second most gorgeous stadium in baseball behind AT&T Park in SF). The U-District is a great place to live, and you can find homes in Bellevue (right off the bridge) for more than reasonable prices, well within driving distance of everywhere you need to be. Do it, brother - Seattle is the SPOT.


Ev
 
bluechinagroup said:
I never had any problems getting accepted into any network.
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Thank you, that's good to know.

On the issue of renouncing US citizenship a new law with an "exit tax" was passed effective June 17, 2008. See HR 6081 for details. HR6081 is titled "Heroes Earnings Assistance and Relief Tax Act of 2008"

Here is the relevant section:
"
Section 301 -
Sets forth additional rules for the tax treatment of high-income individuals who relinquish U.S. citizenship or residency to avoid U.S. taxation (expatriates). Treats all property of expatriates as sold for fair market value on the day before the expatriation date and includes gain (over $600,000) or loss from such sale in their gross income. Allows expatriates to elect to defer payment of any tax resulting from expatriation if adequate security for payment of such tax is given.

Requires 30% withholding of tax for certain items of deferred compensation payable to expatriates.

Imposes a separate tax on gifts and bequests from expatriates exceeding $10,000, payable by the recipient of such gift or bequest."
 
Well, I live in Montana. We have state income tax but no sales tax. My recommendation, live anywhere but here. The people here are just fucking weird. In every way imaginable. Especially people from Butte, MT.

Butte, MT people are easily recognized by their lazy eye, larger than average asses, and blank stare. They also speak very slowly and have moustaches (men and women).

Avoid Montana at all costs.
 
dsiomtw said:
Portland over Austin? For a single 20 something? You'd be insane to do that!
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As a person who lives near portland and solely on the basis of dating I'm going to have to agree with this guy. It's true you get used to the rain, in fact I don't know a single person who owns an umbrella and none of the stores i've seen sell them although I assume walmart would if you looked hard enough. But the single scene in portland is very very weird. Not to generalize but those types of girls definitely aren't for everyone and I've met a lot of chickies from austin and they seem a lot cooler.
 
Technically, you guys are leaving out two other states that are income tax free.

Alaska and Delaware.

While the former is pretty cold, you do get an extra $5k on top of everything else from the government just for living there.

Delaware is the business capital of the country. It's laws are favorable, there is no state income tax, etc. It's not my first choice to live by any means, but the Dewey Beach area is pretty nice, it has a great pub crawl scene, Dogfish Head is brewed there, it was good enough for DuPont - eh, I dunno. Pros and cons. You will have more of your money at the end of the day living here than anywhere else in this country.
 
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