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chuck(at)chuckdirect.com Guest
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Posted: Sun Mar 14, 2010 10:54 am Post subject: Taxes |
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We're moving out of California. Too many taxes/fees
For those of you who live in NV, AZ, OR, Montana or NM what do you pay for:
1. Sales tax percent (if any) for airplanes purchases
2. Yearly fee/taxes for airplanes
3. Annual real estate property tax for personal residence and/or hanger
Thanks,
Chuck
Do not archive
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rv8iator
Joined: 11 Apr 2006 Posts: 145 Location: Newberg, OR
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Posted: Mon Mar 15, 2010 8:05 am Post subject: Taxes |
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Hello Chuck...
We left 15 years ago. Never looked back.
Oregon
No sales tax
No A/C tax
A/C and pilot registration fee: $30/yr
Real property tax depends on county. Typ is 1.25-1.75% of assessed value of land+improvements.
No personal property tax.
Chris Stone
RV-8
Oregon
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dean.psiropoulos(at)veriz Guest
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Posted: Wed Mar 17, 2010 2:03 am Post subject: Taxes |
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I also lived in Oregon Chuck:
All that Chris says is correct however, he leaves out the most important
thing that you need to consider. Oregon has one of the most OUTRAGEOUS
STATE INCOME TAXES in the country, 9% of every dollar you earn!!! NINE
PERCENT!! Unless you are retired or have your own business, prepare to get
raped by the state. I've lived all over the country and the only place else
I've lived that comes close is Delaware at 7%. Most states that have income
taxes average around 3%. I now live in Florida which has 6% SALES tax but
NO state income tax. If you want warm weather year around but no rip offs
from the big nanny states consider coming to the southeast. No mountains but
otherwise nice people and low cost of living.
Everyone who contemplates moving for a job should check on the income tax
from the state where you plan to move. One can avoid most sales taxes if
you don't buy big ticket items like cars but, if you work for someone other
than yourself, there is NO WAY to avoid state income taxes. In Oregon
that's nearly 10 cents out of every dollar that goes to the politicians to
buy votes, absolutely a rip off.
Also Oregon has very restrictive land use and environmental laws. The
consequence of that is artificially higher housing prices and government
confiscation of property when deemed necessary for conservation. Chris may
not have heard of this but when I was there I heard of folks (with creeks
running through their property) that had some of their land confiscated for
the sake of preserving the creek!! If you want more of the same liberal
politics that you have in CA then Oregon is the place for you, lots of
bleeding heart politicians who want your land and money. The year after I
left they enacted a 2% sur-charge on TOP of the income tax (that 11% total)
for a few years to quash the budget deficit there. I was glad to leave and
will never reside there again. I will be back to visit, in summer when the
sun is out, temps are moderate and the mountains are majestic. But I'd
choose Idaho or Utah if I absolutely HAVE to live in the mountains.
Dean Psiropoulos
RV-6A N197DM
Flying, but finishing up some extraneous items
--------------Original Message 2--------------
From: Chris Stone <rv8iator(at)earthlink.net>
Subject: Re: Taxes
Hello Chuck...
We left 15 years ago. Never looked back. Oregon No sales tax No A/C tax
A/C and pilot registration fee: $30/yr. Real property tax depends on
county. Typ is 1.25-1.75% of assessed value of land+improvements. No
personal property tax.
Chris Stone
RV-8
Oregon
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thilo.kind(at)gmx.net Guest
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Posted: Wed Mar 17, 2010 4:59 am Post subject: Taxes |
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Hi Dean,
I had quite a laugh reading your e-mail. I currently live in Europe (second home is Coventy, GA). More than half of my salary goes to income tax, health care and retirement fund (which will give me only a few hundred Euros per month, when I retire with 67). Sales tax is 19 %. You don't want to know about fuel including Avgas. Restricted land use? A piece of land here is more than land plus house in the US... Oregon sounds like paradies...
I guess, it's all a matter of perspective.
Cheers
Thilo
-------- Original-Nachricht --------
Quote: | Datum: Tue, 16 Mar 2010 21:04:44 -0400
Von: "DEAN PSIROPOULOS" <dean.psiropoulos(at)verizon.net>
An: rv-list(at)matronics.com
Betreff: Taxes
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[quote]
<dean.psiropoulos(at)verizon.net>
I also lived in Oregon Chuck:
All that Chris says is correct however, he leaves out the most important
thing that you need to consider. Oregon has one of the most OUTRAGEOUS
STATE INCOME TAXES in the country, 9% of every dollar you earn!!! NINE
PERCENT!! Unless you are retired or have your own business, prepare to
get
raped by the state. I've lived all over the country and the only place
else
I've lived that comes close is Delaware at 7%. Most states that have
income
taxes average around 3%. I now live in Florida which has 6% SALES tax but
NO state income tax. If you want warm weather year around but no rip offs
from the big nanny states consider coming to the southeast. No mountains
but
otherwise nice people and low cost of living.
Everyone who contemplates moving for a job should check on the income tax
from the state where you plan to move. One can avoid most sales taxes if
you don't buy big ticket items like cars but, if you work for someone
other
than yourself, there is NO WAY to avoid state income taxes. In Oregon
that's nearly 10 cents out of every dollar that goes to the politicians to
buy votes, absolutely a rip off.
Also Oregon has very restrictive land use and environmental laws. The
consequence of that is artificially higher housing prices and government
confiscation of property when deemed necessary for conservation. Chris
may
not have heard of this but when I was there I heard of folks (with creeks
running through their property) that had some of their land confiscated
for
the sake of preserving the creek!! If you want more of the same liberal
politics that you have in CA then Oregon is the place for you, lots of
bleeding heart politicians who want your land and money. The year after I
left they enacted a 2% sur-charge on TOP of the income tax (that 11%
total)
for a few years to quash the budget deficit there. I was glad to leave
and
will never reside there again. I will be back to visit, in summer when
the
sun is out, temps are moderate and the mountains are majestic. But I'd
choose Idaho or Utah if I absolutely HAVE to live in the mountains.
Dean Psiropoulos
RV-6A N197DM
Flying, but finishing up some extraneous items
--------------Original Message 2--------------
From: Chris Stone <rv8iator(at)earthlink.net>
Subject: Re: Taxes
Hello Chuck...
We left 15 years ago. Never looked back. Oregon No sales tax No A/C tax
A/C and pilot registration fee: $30/yr. Real property tax depends on
county. Typ is 1.25-1.75% of assessed value of land+improvements. No
personal property tax.
Chris Stone
RV-8
Oregon
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timb
Joined: 16 Apr 2008 Posts: 77 Location: Frankston, Texas
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Posted: Wed Mar 17, 2010 5:34 am Post subject: Taxes |
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It really is just a matter of comparison between States in the US. I sure
don't envy your situation where you are in Europe.
I lived in Oregon for 30 years and to be honest I loved it for most of that
time. I still miss the mountain views but not the cold weather. When the
economy slows down you don't worry about income tax because you don't make
any money anyway. The property taxes will kill you under that circumstance.
The break from sales tax is nice but if you decide to build anything prepare
for building permits, SDC's, and other add on cost to be a whopping multi
10's of thousands of dollars. If you want to live on an airpark too bad
because Oregon is not friendly about that and it is nearly impossible to
build one.
So we moved to Texas. Airparks are everywhere. Now the cost of insurance
is killing us as most of our insurance has doubled in cost. The cost to
heat our house went down dramatically but the cost to cool it went up
dramatically. There is no winning situation, you just pick what you like
and what you want. One upside to Texas was I know live in a state where I
vote with the majority. While I lived in Oregon it was a primarily
Republican area but the only parts of the state where it was Democrat had
all the population. Voting was a waste of time since it never went how I
would vote.
Bottom line is there is no real point in this discussion because no matter
where you go if you are inclined to be unhappy it won't change. Just the
issues of what makes you unhappy change. Pick your best bet and then when
you are no longer happy, move again.
I love flying my RV and I wish I was doing that now. In fact everyone take
the day off and go fly and then report back on how nice that was.
We still live in the greatest country and are able to still fly for a little
while longer. See ya
Tim
Do Not Archive!
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RV-6 Flying
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rv8a2001(at)yahoo.com Guest
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Posted: Wed Mar 17, 2010 5:53 am Post subject: Taxes |
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So what is the most tax/avaition friendly states?
Scott
RV-8a
From: Thilo Kind <thilo.kind(at)gmx.net>
To: rv-list(at)matronics.com; rv-list(at)matronics.com
Sent: Wed, March 17, 2010 5:58:02 AM
Subject: Re: Taxes
--> RV-List message posted by: "Thilo Kind" <thilo.kind(at)gmx.net (thilo.kind(at)gmx.net)>
Hi Dean,
I had quite a laugh reading your e-mail. I currently live in Europe (second home is Coventy, GA). More than half of my salary goes to income tax, health care and retirement fund (which will give me only a few hundred Euros per month, when I retire with 67). Sales tax is 19 %. You don't want to know about fuel including Avgas. Restricted land use? A piece of land here is more than land plus house in the US... Oregon sounds like paradies...
I guess, it's all a matter of perspective.
Cheers
Thilo
-------- Original-Nachricht --------
[quote] --> RV-List message posted by: "DEAN PSIROPOULOS"
<dean.psiropoulos(at)verizon.net (dean.psiropoulos(at)verizon.net)>
I also lived in Oregon Chuck:
All that Chris says is correct however, he leaves out the most important
thing that you need to consider. Oregon has one of the most OUTRAGEOUS
STATE INCOME TAXES in the country, 9% of every dollar you earn!!! NINE
PERCENT!! Unless you are retired or have your own business, prepare to
get
raped by the state. I've lived all over the country and the only place
else
I've lived that comes close is Delaware at 7%. Most states that have
income
taxes average around 3%. I now live in Florida which has 6% SALES tax but
NO state income tax. If you want warm weather year around but no rip offs
from the big nanny states consider coming to the southeast. No mountains
but
otherwise nice people and low cost of living.
Everyone who contemplates moving for a job should check on the income tax
from the state where you plan to move. One can avoid most sales taxes if
you don't buy big ticket items like cars but, if you work for someone
other
than yourself, there is NO WAY to avoid state income taxes. In Oregon
that's nearly 10 cents out of every dollar that goes to the politicians to
buy votes, absolutely a rip off.
Also Oregon has very restrictive land use and environmental laws. The
consequence of that is artificially higher housing prices and government
confiscation of property when deemed necessary for conservation. Chris
may
not have heard of this but when I was there I heard of folks (with creeks
running through their property) that had some of their land confiscated
for
the sake of preserving the creek!! If you want more of the same liberal
politics that you have in CA then Oregon is the place for you, lots of
bleeding heart politicians who want your land and money. The year after I
left they enacted a 2% sur-charge on TOP of the income tax (that 11%
total)
for a few years to quash the budget deficit there. I was glad to leave
and
will never reside there again. I will be back to visit, in summer when
the
sun is out, temps are moderate and the mountains are majestic. But I'd
choose Idaho or Utah if I absolutely HAVE to live in the mountains.
Dean Psiropoulos
RV-6A N197DM
Flying, but finishing up some extraneous items
--------------Original Message 2--------------
From: Chris Stone <rv8iator(at)earthlink.net (rv8iator(at)earthlink.net)>
Subject: Re: Taxes
Hello Chuck...
We left 15 years ago. Never looked back. Oregon No sales tax No A/C tax
A/C and pilot registration fee: $30/yr. Real property tax depends on
county. Typ is 1.25-1.75% of assessed value of land+improvements. No
personal property tax.
Chris Stone
RV-8
Oregon
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d-burton(at)comcast.net Guest
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Posted: Wed Mar 17, 2010 6:52 am Post subject: Taxes |
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It will make a huge difference what your personal situation is. Are you working? Do you have substantial investments? Income? Own a home? A business?
We all pay on average about 42% of our income in taxes each year. (Not income taxes. All taxes in total). Everybody in developed countries does. This comes as a big surprise to most people.
You can look at your personal situation and find the best way to maximize your income and minimize your tax obligation. Just be careful that you don't figure out how to pay a tiny amount of tax at the expense of earning a tiny amount of money. What is important at the end of the day is what remains in your pocket...
This article was written for retirees but can give you some things to think about and resources to do some additional research on different states:
http://moneycentral.msn.com/content/retirementandwills/p45875.asp
The other problem is that things don't stay the same forever. My state (Washington) which has the same budget problems most other states do at the moment has looked and the "wealthy" airplane owners who are not paying their "fair share" of taxes and is proposing to add a huge use tax to aircraft this year.
Florida (where I have lived twice) is great and I'm considering living there again at least part time has incredibly low taxes. Unfortunately since taxes have been chopped to unsustainable levels, and there is not adequate revenue to support what little government services there are there, at some point in the near future things are likely to change dramatically for the worse.
I think finding a place friendly to aviation with good flying weather may drive the decision.
DavidB
RV6
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chuck(at)chuckdirect.com Guest
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Posted: Wed Mar 17, 2010 2:54 pm Post subject: Taxes |
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David,
Thanks so much for your words of wisdom. How right you are about not reducing ones income to avoid taxes. I am recently retired but have numerous modest investments (stocks, real estate, and two airplanes). I received some correspondence from a developer/pilot in Tennessee. TN is 49th in state taxes with Alaska (petroleum rich) being 50th. That is good.
My wife and I spent some time in TN two years ago and loved it there. Don’t know what it would be like to live there though. Well, we don’t have to make a decision immediately, so will continue to gather more info.
Again thanks for you words of wisdom. They’re greatly appreciated,
Chuck
From: owner-rv-list-server(at)matronics.com [mailto:owner-rv-list-server(at)matronics.com] On Behalf Of d-burton(at)comcast.net
Sent: Wednesday, March 17, 2010 7:43 AM
To: rv-list(at)matronics.com
Subject: Re: Taxes
It will make a huge difference what your personal situation is. Are you working? Do you have substantial investments? Income? Own a home? A business?
We all pay on average about 42% of our income in taxes each year. (Not income taxes. All taxes in total). Everybody in developed countries does. This comes as a big surprise to most people.
You can look at your personal situation and find the best way to maximize your income and minimize your tax obligation. Just be careful that you don't figure out how to pay a tiny amount of tax at the expense of earning a tiny amount of money. What is important at the end of the day is what remains in your pocket...
This article was written for retirees but can give you some things to think about and resources to do some additional research on different states:
http://moneycentral.msn.com/content/retirementandwills/p45875.asp
The other problem is that things don't stay the same forever. My state (Washington) which has the same budget problems most other states do at the moment has looked and the "wealthy" airplane owners who are not paying their "fair share" of taxes and is proposing to add a huge use tax to aircraft this year.
Florida (where I have lived twice) is great and I'm considering living there again at least part time has incredibly low taxes. Unfortunately since taxes have been chopped to unsustainable levels, and there is not adequate revenue to support what little government services there are there, at some point in the near future things are likely to change dramatically for the worse.
I think finding a place friendly to aviation with good flying weather may drive the decision.
DavidB
RV6
[quote]
href="http://www.matronics.com/Navigator?RV-List">http://www.matronics.com/Navigator?RV-List
href="http://forums.matronics.com">http://forums.matronics.com
href="http://www.matronics.com/contribution">http://www.matronics.com/c
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chuck(at)chuckdirect.com Guest
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Posted: Wed Mar 17, 2010 3:01 pm Post subject: Taxes |
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Whew, thanks a ton for the info Dean. Very informative!
Chuck
Do not archive
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rveighta(at)comcast.net Guest
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Posted: Wed Mar 17, 2010 3:53 pm Post subject: Taxes |
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Chuck, I forwarded your first message to the developer of my airpark, Ted Hensley. Good to hear he responded to you. Like you
I'm retired (DuPont), and have lived in about a dozen states plus five foreign countries. And I like Tennessee the best. Why?
Because it's has the lowest cost of living of any place I've been, the eastern part where I live has spectacular mountain views (5,000'
peaks 4 miles from the runway), the people are friendly and we have a wide diversity of pilots here at the airpark.
Most pilots are retired, but one is a medivac helo pilot and another flies for Delta. We have a stearman, two J-3's and several RV's (7A,
7, 9A and the tail section of an RV-12 which I'm building). Most of the pilots are from other states - Florida, Mississippi, Virginia,
New Jersey, Texas and one from California.
Check out our website and see what you think. If I can be of any help, give me a shout......
Walt Shipley (423) 257-6566
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JohnInReno
Joined: 08 Sep 2007 Posts: 150
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Posted: Wed Mar 17, 2010 4:46 pm Post subject: Taxes |
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I think this is an interesting thread.
Walt, I can't seem to find any pointers to the park that you are talking about. Can you repost the website and or airport identifier?
john
rveighta(at)comcast.net (rveighta(at)comcast.net) wrote: [quote] p { margin: 0; }
Chuck, I forwarded your first message to the developer of my airpark, Ted Hensley. Good to hear he responded to you. Like you
I'm retired (DuPont), and have lived in about a dozen states plus five foreign countries. And I like Tennessee the best. Why?
Because it's has the lowest cost of living of any place I've been, the eastern part where I live has spectacular mountain views (5,000'
peaks 4 miles from the runway), the people are friendly and we have a wide diversity of pilots here at the airpark.
Â
Most pilots are retired, but one is a medivac helo pilot and another flies for Delta. We have a stearman, two J-3's and several RV's (7A,
7, 9A and the tail section of an RV-12 which I'm building). Most of the pilots are from other states - Florida, Mississippi, Virginia,
New Jersey, Texas and one from California.
Â
Check out our website and see what you think. If I can be of any help, give me a shout......
Â
Walt Shipley (423) 257-6566
[b]
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_________________ John Morgensen
RV-9A - Born on July 3, 2013
RV4 - for sale |
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Bret Smith
Joined: 09 Jan 2006 Posts: 178 Location: Mineral Bluff, GA
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Posted: Wed Mar 17, 2010 5:20 pm Post subject: Taxes |
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Chuck,
I live in GA near the TN/NC border and keep my plane at Copperhill, TN (1A3). Beautiful country and close to both Chattanooga and Atlanta. Lots of Florida retirees here with hiking, camping and fly fishing streams everywhere. We have an active EAA Chapter nearby (www.eaa1211.org). Why not visit and stay with us to get a feel for the area.
Bret Smith
RV-9A N16BL
Blue Ridge, GA
www.FlightInnovations.com
From: owner-rv-list-server(at)matronics.com [mailto:owner-rv-list-server(at)matronics.com] On Behalf Of Chuck Weyant
Sent: Wednesday, March 17, 2010 6:52 PM
To: rv-list(at)matronics.com
Subject: RE: Taxes
David,
Thanks so much for your words of wisdom. How right you are about not reducing ones income to avoid taxes. I am recently retired but have numerous modest investments (stocks, real estate, and two airplanes). I received some correspondence from a developer/pilot in Tennessee. TN is 49th in state taxes with Alaska (petroleum rich) being 50th. That is good.
My wife and I spent some time in TN two years ago and loved it there. Don’t know what it would be like to live there though. Well, we don’t have to make a decision immediately, so will continue to gather more info.
Again thanks for you words of wisdom. They’re greatly appreciated,
Chuck
From: owner-rv-list-server(at)matronics.com [mailto:owner-rv-list-server(at)matronics.com] On Behalf Of d-burton(at)comcast.net
Sent: Wednesday, March 17, 2010 7:43 AM
To: rv-list(at)matronics.com
Subject: Re: Taxes
It will make a huge difference what your personal situation is. Are you working? Do you have substantial investments? Income? Own a home? A business?
We all pay on average about 42% of our income in taxes each year. (Not income taxes. All taxes in total). Everybody in developed countries does. This comes as a big surprise to most people.
You can look at your personal situation and find the best way to maximize your income and minimize your tax obligation. Just be careful that you don't figure out how to pay a tiny amount of tax at the expense of earning a tiny amount of money. What is important at the end of the day is what remains in your pocket...
This article was written for retirees but can give you some things to think about and resources to do some additional research on different states:
http://moneycentral.msn.com/content/retirementandwills/p45875.asp
The other problem is that things don't stay the same forever. My state (Washington) which has the same budget problems most other states do at the moment has looked and the "wealthy" airplane owners who are not paying their "fair share" of taxes and is proposing to add a huge use tax to aircraft this year.
Florida (where I have lived twice) is great and I'm considering living there again at least part time has incredibly low taxes. Unfortunately since taxes have been chopped to unsustainable levels, and there is not adequate revenue to support what little government services there are there, at some point in the near future things are likely to change dramatically for the worse.
I think finding a place friendly to aviation with good flying weather may drive the decision.
DavidB
RV6
Quote: | href="http://www.matronics.com/Navigator?RV-List">http://www.matronics.com/Navigator?RV-Listhref="http://forums.matronics.com">http://forums.matronics.comhref="http://www.matronics.com/contribution">http://www.matronics.com/c | 0123456789 Quote: | href="http://www.matronics.com/Navigator?RV-List">http://www.matronics.com/Navigator?RV-List | 0 Quote: | href="http://www.matronics.com/Navigator?RV-List">http://www.matronics.com/Navigator?RV-List | 1 Quote: | href="http://www.matronics.com/Navigator?RV-List">http://www.matronics.com/Navigator?RV-List | 2 Quote: | href="http://www.matronics.com/Navigator?RV-List">http://www.matronics.com/Navigator?RV-List | 3 Quote: | href="http://www.matronics.com/Navigator?RV-List">http://www.matronics.com/Navigator?RV-List | 4
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RV-9A (Emp) |
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chuck(at)chuckdirect.com Guest
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Posted: Wed Mar 17, 2010 6:14 pm Post subject: Taxes |
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Wooee. Thanks for the invite. Who knows, just might do that. How’s taxes, etc., in GA?
Chuck
From: owner-rv-list-server(at)matronics.com [mailto:owner-rv-list-server(at)matronics.com] On Behalf Of Bret Smith
Sent: Wednesday, March 17, 2010 6:16 PM
To: rv-list(at)matronics.com
Subject: RE: Taxes
Chuck,
I live in GA near the TN/NC border and keep my plane at Copperhill, TN (1A3). Beautiful country and close to both Chattanooga and Atlanta. Lots of Florida retirees here with hiking, camping and fly fishing streams everywhere. We have an active EAA Chapter nearby (www.eaa1211.org). Why not visit and stay with us to get a feel for the area.
Bret Smith
RV-9A N16BL
Blue Ridge, GA
www.FlightInnovations.com
From: owner-rv-list-server(at)matronics.com [mailto:owner-rv-list-server(at)matronics.com] On Behalf Of Chuck Weyant
Sent: Wednesday, March 17, 2010 6:52 PM
To: rv-list(at)matronics.com
Subject: RE: Taxes
David,
Thanks so much for your words of wisdom. How right you are about not reducing ones income to avoid taxes. I am recently retired but have numerous modest investments (stocks, real estate, and two airplanes). I received some correspondence from a developer/pilot in Tennessee. TN is 49th in state taxes with Alaska (petroleum rich) being 50th. That is good.
My wife and I spent some time in TN two years ago and loved it there. Don’t know what it would be like to live there though. Well, we don’t have to make a decision immediately, so will continue to gather more info.
Again thanks for you words of wisdom. They’re greatly appreciated,
Chuck
From: owner-rv-list-server(at)matronics.com [mailto:owner-rv-list-server(at)matronics.com] On Behalf Of d-burton(at)comcast.net
Sent: Wednesday, March 17, 2010 7:43 AM
To: rv-list(at)matronics.com
Subject: Re: Taxes
It will make a huge difference what your personal situation is. Are you working? Do you have substantial investments? Income? Own a home? A business?
We all pay on average about 42% of our income in taxes each year. (Not income taxes. All taxes in total). Everybody in developed countries does. This comes as a big surprise to most people.
You can look at your personal situation and find the best way to maximize your income and minimize your tax obligation. Just be careful that you don't figure out how to pay a tiny amount of tax at the expense of earning a tiny amount of money. What is important at the end of the day is what remains in your pocket...
This article was written for retirees but can give you some things to think about and resources to do some additional research on different states:
http://moneycentral.msn.com/content/retirementandwills/p45875.asp
The other problem is that things don't stay the same forever. My state (Washington) which has the same budget problems most other states do at the moment has looked and the "wealthy" airplane owners who are not paying their "fair share" of taxes and is proposing to add a huge use tax to aircraft this year.
Florida (where I have lived twice) is great and I'm considering living there again at least part time has incredibly low taxes. Unfortunately since taxes have been chopped to unsustainable levels, and there is not adequate revenue to support what little government services there are there, at some point in the near future things are likely to change dramatically for the worse.
I think finding a place friendly to aviation with good flying weather may drive the decision.
DavidB
RV6
Quote: | href="http://www.matronics.com/Navigator?RV-List">http://www.matronics.com/Navigator?RV-Listhref="http://forums.matronics.com">http://forums.matronics.comhref="http://www.matronics.com/contribution">http://www.matronics.com/c http://www.matronics.com/Navigator?RV-List | 0123456789 Quote: | href="http://www.matronics.com/Navigator?RV-List">http://www.matronics.com/Navigator?RV-List | 0 Quote: | href="http://www.matronics.com/Navigator?RV-List">http://www.matronics.com/Navigator?RV-List | 1 Quote: | href="http://www.matronics.com/Navigator?RV-List">http://www.matronics.com/Navigator?RV-List | 2 Quote: | href="http://www.matronics.com/Navigator?RV-List">http://www.matronics.com/Navigator?RV-List | 3 Quote: | href="http://www.matronics.com/Navigator?RV-List">http://www.matronics.com/Navigator?RV-List | 4 Quote: | href="http://www.matronics.com/Navigator?RV-List">http://www.matronics.com/Navigator?RV-List | 5 Quote: | href="http://www.matronics.com/Navigator?RV-List">http://www.matronics.com/Navigator?RV-List | 6 Quote: | href="http://www.matronics.com/Navigator?RV-List">http://www.matronics.com/Navigator?RV-List | 7 Quote: | href="http://www.matronics.com/Navigator?RV-List">http://www.matronics.com/Navigator?RV-List | 8 Quote: | href="http://www.matronics.com/Navigator?RV-List">http://www.matronics.com/Navigator?RV-List | 9 Quote: | href="http://forums.matronics.com">http://forums.matronics.com | 0 Quote: | href="http://forums.matronics.com">http://forums.matronics.com | 1 Quote: | href="http://forums.matronics.com">http://forums.matronics.com | 2 Quote: | href="http://forums.matronics.com">http://forums.matronics.com | 3 Quote: | href="http://forums.matronics.com">http://forums.matronics.com | 4
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rv8a2001(at)yahoo.com Guest
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Posted: Wed Mar 17, 2010 8:24 pm Post subject: Taxes |
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How is the humidity in that area? I can handle moderately cold winters with light snow or humid summers but not both!
Scott
RV-8a
From: Bret Smith <smithhb(at)tds.net>
To: rv-list(at)matronics.com
Sent: Wed, March 17, 2010 6:16:24 PM
Subject: RE: Taxes
Chuck,
I live in GA near the TN/NC border and keep my plane at Copperhill, TN (1A3). Beautiful country and close to both Chattanooga and Atlanta. Lots of Florida retirees here with hiking, camping and fly fishing streams everywhere. We have an active EAA Chapter nearby (www.eaa1211.org). Why not visit and stay with us to get a feel for the area.
Bret Smith
RV-9A N16BL
Blue Ridge, GA
www.FlightInnovations.com
From: owner-rv-list-server(at)matronics.com [mailto:owner-rv-list-server(at)matronics.com] On Behalf Of Chuck Weyant
Sent: Wednesday, March 17, 2010 6:52 PM
To: rv-list(at)matronics.com
Subject: RE: Taxes
David,
Thanks so much for your words of wisdom. How right you are about not reducing ones income to avoid taxes. I am recently retired but have numerous modest investments (stocks, real estate, and two airplanes). I received some correspondence from a developer/pilot in Tennessee. TN is 49th in state taxes with Alaska (petroleum rich) being 50th. That is good.
My wife and I spent some time in TN two years ago and loved it there. Don’t know what it would be like to live there though. Well, we don’t have to make a decision immediately, so will continue to gather more info.
Again thanks for you words of wisdom. They’re greatly appreciated,
Chuck
From: owner-rv-list-server(at)matronics.com [mailto:owner-rv-list-server(at)matronics.com] On Behalf Of d-burton(at)comcast.net
Sent: Wednesday, March 17, 2010 7:43 AM
To: rv-list(at)matronics.com
Subject: Re: Taxes
It will make a huge difference what your personal situation is. Are you working? Do you have substantial investments? Income? Own a home? A business?
We all pay on average about 42% of our income in taxes each year. (Not income taxes. All taxes in total). Everybody in developed countries does. This comes as a big surprise to most people.
You can look at your personal situation and find the best way to maximize your income and minimize your tax obligation. Just be careful that you don't figure out how to pay a tiny amount of tax at the expense of earning a tiny amount of money. What is important at the end of the day is what remains in your pocket...
This article was written for retirees but can give you some things to think about and resources to do some additional research on different states:
http://moneycentral.msn.com/content/retirementandwills/p45875.asp
The other problem is that things don't stay the same forever. My state (Washington) which has the same budget problems most other states do at the moment has looked and the "wealthy" airplane owners who are not paying their "fair share" of taxes and is proposing to add a huge use tax to aircraft this year.
Florida (where I have lived twice) is great and I'm considering living there again at least part time has incredibly low taxes. Unfortunately since taxes have been chopped to unsustainable levels, and there is not adequate revenue to support what little government services there are there, at some point in the near future things are likely to change dramatically for the worse.
I think finding a place friendly to aviation with good flying weather may drive the decision.
DavidB
RV6
012345678901234
5
[quote][b]
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N38CW
Joined: 16 Apr 2008 Posts: 57 Location: Winston-Salem, NC
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Posted: Wed Mar 17, 2010 11:08 pm Post subject: Re: Taxes |
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I believe Walt resides here...
http://www.hensleyairpark.com/index.html
[quote="JohnInReno"]I think this is an interesting thread.
Walt, I can't seem to find any pointers to the park that you are talking about. Can you repost the website and or airport identifier?
john
rveighta(at)comcast.net (rveighta(at)comcast.net) wrote: Quote: | p { margin: 0; }
Chuck, I forwarded your first message to the developer of my airpark, Ted Hensley. Good to hear he responded to you. Like you
I'm retired (DuPont), and have lived in about a dozen states plus five foreign countries. And I like Tennessee the best. Why?
Because it's has the lowest cost of living of any place I've been, the eastern part where I live has spectacular mountain views (5,000'
peaks 4 miles from the runway), the people are friendly and we have a wide diversity of pilots here at the airpark.
Â
Most pilots are retired, but one is a medivac helo pilot and another flies for Delta. We have a stearman, two J-3's and several RV's (7A,
7, 9A and the tail section of an RV-12 which I'm building). Most of the pilots are from other states - Florida, Mississippi, Virginia,
New Jersey, Texas and one from California.
Â
Check out our website and see what you think. If I can be of any help, give me a shout......
Â
Walt Shipley (423) 257-6566
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RV-8 Fuselage |
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ianxbrown
Joined: 16 May 2009 Posts: 80
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Posted: Thu Mar 18, 2010 5:06 am Post subject: Taxes |
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It's amazing how taxes are considered 100% negative in the US. You should try living in a place that has very little infrastructure (paid for by what else - taxes) like Haiti. 9% income taxes sounds like a dream to me. Europeans, Canadians and many others reading these posts must wonder where the average American thinks the highways, defence, good government and all those other things come from if it's not from sharing part of what you earn/have earned in the past to pay for it.
Ian Brown, Bromont, Quebec (Still paying tax on my pension, and wishing the highways were better and that it didn't take five hours in the ER to be seen by a doctor!).
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pitts_pilot(at)bellsouth. Guest
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Posted: Thu Mar 18, 2010 5:53 am Post subject: Taxes |
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I've been following this thread with a look into different perspectives. High taxes are one thing ...... but the aesthetics are also important as Ian alluded to. I live in FL. It's so flat that it must have been ironed when it was installed. But I like mountains! What am I doing in FL??? Well, for 95% of the time I can fly on any day of the week. Sure, we have thunderstorms, hurricanes and tornadoes, but they don't stick around for weeks at a time. It could be a little cooler in the summer, little less humidity, or a little warmer in the winter ..... but notice I said 'little'. Not unbearable.Â
I grouse about taxes only because it's wasted by the Gov't. I don't have state income tax in FL, but I pay taxes on the following:
Federal income tax
fuel (1-2 pennies locally plus fed excise tax)
county general fund
library
mosquito control
recreational tax (for parks etc)
schools .... actually three different ones, and I don't have kids in school!)
fire control
law enforcement
roads & bridges ..... in addition to the fuel taxes above
a water management district that I can't get rid of
Fl inland navigation district (the intracoastal is right next door)
sebastian inlet district ..... access to the ocean is not too far away
environmental endangered lands .... four separate taxes
South Brevard recreation district ..... in addition to the rec tax above
solid waste collection
solid waste disposal
stormwater control fee
emergency medical service (part of our fire department above!)
local water management district ..... and the two others above
Which all comes to less than 2% of my property assessed value ..... not a real big deal.
My Fed taxes, however, run in the 30% region because I have the income to enjoy my high priced hobby. This does rankle me, because of the waste and bloat of government and the crappy politics that it pays for.
Having said all this ..... sorry if I bore you .... I'm still a whole lot better off than those in a lot of other well-developed countries. I still feel fortunate. However I also feel that there are things that need changing ..... and so I gripe about them. I doubt if utopia exists anywhere in my country (USA, if you haven't a foggiest idea of where Florida is), but I'm kinda happy where I am.Â
Now, don't get me wrong .... I don't want y'all to move here .... we have enough of a problem with 'snowbirds' and hangar space is limited.
Now, back to building ....
Linn
Ian wrote: [quote] It's amazing how taxes are considered 100% negative in the US.  You should try living in a place that has very little infrastructure (paid for by what else - taxes) like Haiti.   9% income taxes sounds like a dream to me.  Europeans, Canadians and many others reading these posts must wonder where the average American thinks the highways, defence, good government and all those other things come from if it's not from sharing part of what you earn/have earned in the past to pay for it.Â
Ian Brown, Bromont, Quebec (Still paying tax on my pension, and wishing the highways were better and that it didn't take five hours in the ER to be seen by a doctor!). [b]
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n343fd(at)yahoo.com Guest
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Posted: Thu Mar 18, 2010 7:53 am Post subject: Taxes |
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It is REALLY hard not to launch on this one. I will confine my comment to - The reason taxes are considered 100% negative is the "rugged individualism" that founded this country and the silly thought that what you earn actually belongs to you and not the guy that wants to live off the fruit of his neighbors labor. It is our Constitution (wen followed) that allow us the freedom to work, build, fly and operate our wonderful little RV planes. Not Taxes.
And speaking of RV planes - has any one retrofitted a EI engine monitor in a 6? Did the sub panel get in the way? Is the single unit OK or is the remote head a better choice? Plane is opened up for annual and I thought I would do a little up grade. Well depending on how much I owe in taxes on the 15th next month
Mike Divan
N64GH - RV6 (flying)
http://n64gh.blogspot.com/
FREEDOM IS NOT FREE - THANK THE AMERICAN SOLDIER FOR YOURS!
Remember it is the Soldier, Sailor, Airman, Marine and Coast Guard that guarantee your freedom NOT the "community organizer"!
From: Ian <ixb(at)videotron.ca>
To: rv-list(at)matronics.com
Sent: Thu, March 18, 2010 5:59:40 AM
Subject: Taxes
It's amazing how taxes are considered 100% negative in the US. You should try living in a place that has very little infrastructure (paid for by what else - taxes) like Haiti. 9% income taxes sounds like a dream to me. Europeans, Canadians and many others reading these posts must wonder where the average American thinks the highways, defence, good government and all those other things come from if it's not from sharing part of what you earn/have earned in the past to pay for it.
Ian Brown, Bromont, Quebec (Still paying tax on my pension, and wishing the highways were better and that it didn't take five hours in the ER to be seen by a doctor!).
[quote][b]
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Ollie Washburn
Joined: 10 Jan 2006 Posts: 56 Location: Central Florida
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Posted: Thu Mar 18, 2010 7:54 am Post subject: Taxes |
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They missed our airpark (97FL) when the ironing was done.
Ollie, Central FL
On Thu, Mar 18, 2010 at 9:41 AM, Linn Walters <pitts_pilot(at)bellsouth.net (pitts_pilot(at)bellsouth.net)> wrote:
[quote] I've been following this thread with a look into different perspectives. High taxes are one thing ...... but the aesthetics are also important as Ian alluded to. I live in FL. It's so flat that it must have been ironed when it was installed. But I like mountains! What am I doing in FL??? Well, for 95% of the time I can fly on any day of the week. Sure, we have thunderstorms, hurricanes and tornadoes, but they don't stick around for weeks at a time. It could be a little cooler in the summer, little less humidity, or a little warmer in the winter ..... but notice I said 'little'. Not unbearable.
I grouse about taxes only because it's wasted by the Gov't. I don't have state income tax in FL, but I pay taxes on the following:
Federal income tax
fuel (1-2 pennies locally plus fed excise tax)
county general fund
library
mosquito control
recreational tax (for parks etc)
schools .... actually three different ones, and I don't have kids in school!)
fire control
law enforcement
roads & bridges ..... in addition to the fuel taxes above
a water management district that I can't get rid of
Fl inland navigation district (the intracoastal is right next door)
sebastian inlet district ..... access to the ocean is not too far away
environmental endangered lands .... four separate taxes
South Brevard recreation district ..... in addition to the rec tax above
solid waste collection
solid waste disposal
stormwater control fee
emergency medical service (part of our fire department above!)
local water management district ..... and the two others above
Which all comes to less than 2% of my property assessed value ..... not a real big deal.
My Fed taxes, however, run in the 30% region because I have the income to enjoy my high priced hobby. This does rankle me, because of the waste and bloat of government and the crappy politics that it pays for.
Having said all this ..... sorry if I bore you .... I'm still a whole lot better off than those in a lot of other well-developed countries. I still feel fortunate. However I also feel that there are things that need changing ..... and so I gripe about them. I doubt if utopia exists anywhere in my country (USA, if you haven't a foggiest idea of where Florida is), but I'm kinda happy where I am.
Now, don't get me wrong .... I don't want y'all to move here ... we have enough of a problem with 'snowbirds' and hangar space is limited.
Now, back to building ....
Linn
Ian wrote: Quote: | It's amazing how taxes are considered 100% negative in the US. You should try living in a place that has very little infrastructure (paid for by what else - taxes) like Haiti. 9% income taxes sounds like a dream to me. Europeans, Canadians and many others reading these posts must wonder where the average American thinks the highways, defence, good government and all those other things come from if it's not from sharing part of what you earn/have earned in the past to pay for it.
Ian Brown, Bromont, Quebec (Still paying tax on my pension, and wishing the highways were better and that it didn't take five hours in the ER to be seen by a doctor!).
t="_blank">http://www.matronics.com/Navigator?RV-List
tp://forums.matronics.com
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_________________ Ollie RV6-A & Rans S7S
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rveighta(at)comcast.net Guest
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Posted: Thu Mar 18, 2010 8:08 am Post subject: Taxes |
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Linn, I've got a buddy here at Hensley Airpark in NE TN who lives here from the 1st of May through October, then returns to his Airpark home in Ft. Meyers, FL. Now that's the best of both worlds. It does get cold here in winter (our pond froze solid this winter), but winter flying over the mountains has it's rewards as well; I really enjoyed flying my RV8 over the ski resorts early in the AM when the air was crisp and cold - great lift - but I have to admit I'm a TN native and love this place. It's not for everyone though, it's small town America, some of the people have accents that even I have difficulty understanding and the Ammenities aren't on par with CA, DE, NJ or some of the other places I've lived, but it's HOME. And those mtn views are fantastic!
Walt Shipley (sorry for the ramble, definitely DO NOT ARCHIVE)
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