For perspective, Seattle is spending ~$1 billion on schools to educate >50K kids, but they're demanding to spend the same ~$1 billion on a 12K homeless. Don't expect it to buy much housing; it'll just buy more homeless & junkie zombies trashing our city. https://www.seattletimes.com/seattle-news/education/for-the-first-time-seattle-schools-general-fund-will-break-1-billion-in-spending/ …https://twitter.com/UrbanistOrg/status/1227710745711988736 …
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If you do the math, that's $83,000* per homeless client per year... *Not including indigent healthcare, law enforcement &other government services they consume. Imagine how much taxpayers would have to earn before income taxes to have $83,000 per year to spend on housing?
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Replying to @EricRichards22
Better than yours in the Granite State. No tax on dividends or other income. Correct me if I'm wrong, but from what I understand, NH taxes income except wages...
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Replying to @euneaux
I do believe dividends are taxed, but that doesn't seem to apply to reinvested mutual fund dividends. For all intents and purposes, we only have local property taxes. And you can deduct the first 10k of those on Federal taxes.
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Replying to @EricRichards22
Rental income? Income from a business owned or royalties?
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Replying to @euneaux @EricRichards22
NH is famous for having the best taxes in the United States, I'm pretty sure. NH doesn't have sales tax. It does have a tax on dividends, but I think it only applies to those from equities.
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Replying to @Molson_Hart @EricRichards22
If you can share any hot tips for buying a modest cottage on a nice NH lake, would definitely consider relocating...
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Eric knows better than I do. Portsmouth (on the ocean) is nice and close to boston. There are tons of nice towns/lakes in NH.
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