Some Red State/Blue State Indicia

I have lived in Texas for three years. I have filed

3 California state tax returns
1 New York State tax return (via wife’s job)
0 Texas state tax returns

before moving, my tax rate in VA was 5.75%
my wife was practicing in New York - and her rate would would be ~7%

Texas is $0
 
before moving, my tax rate in VA was 5.75%
my wife was practicing in New York - and her rate would would be ~7%

Texas is $0

Yup. Property tax rate is slightly higher than CA (I mean not really considering home values are 2x), but my tax burden as decreased dramatically.

And to clarify. Those are tax returns I have filed AFTER moving to Texas.
 
Yup. Property tax rate is slightly higher than CA (I mean not really considering home values are 2x), but my tax burden as decreased dramatically.

And to clarify. Those are tax returns I have filed AFTER moving to Texas.

Why were you still filing after moving? Business collecting revenue in Cali?

Property taxes are high in TX but at least the burden is relatively stable and somewhat capped, whereas I could 10x my income which would cost hundreds of thousands in NY but $0 in TX

AND we still somehow magically have roads!
 
Why were you still filing after moving? Business collecting revenue in Cali?

Property taxes are high in TX but at least the burden is relatively stable and somewhat capped, whereas I could 10x my income which would cost hundreds of thousands in NY but $0 in TX

AND we still somehow magically have roads!

RSU’s that are on a 4 year vesting cycle. I have to pay California taxes on the ones granted when I still lived there.
 
Property taxes are high in TX but at least the burden is relatively stable and somewhat capped, whereas I could 10x my income which would cost hundreds of thousands in NY but $0 in TX

AND we still somehow magically have roads!
Yup. It also doesn’t punish our family because my wife chose to have a career.

No tax system is perfect. If I were laid off, my tax burden wouldn’t change unlike income taxes. But I think this one is kinder to middle class and the renting class.
 
Aha. Didn't know they would tax you based on when they were issued vs vesting

I think it’s insane. It’s compensation granted on condition that I remain with the company. I haven’t “earned” it yet. California state tax code has very few loopholes
 
Got a lot of pro Hamas protests in blue states going on …holding up good Americans trying to do their jobs and see family.
 
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