03-16-2021, 10:32 AM
(03-16-2021, 10:25 AM)Wes Mantooth Wrote: Me personally? Cincinnati, no question.
California has the income highest tax rate in the entire country. Their income tax rate on these multi-million dollar salaries is 13.30%. Ohio's is 4.80%.
For example, a player making 10 million dollars a year will pay 1.303 million dollars in state income tax living in California. A player in Ohio will only pay 476k.
And none of these accounts for housing costs, or costs of living either. 2 million dollars in Cincinnati will put you in a mansion in Indian Hill. 2 million dollars in Los Angeles will get you a 3BR, 1.5 bath, 1,500 sq ft house. $50 a plate in Cincinnati will get you into Jeff Ruby's. $50 a plate will get you into a rethemed Applebees in LA.
There's a lot reason tons of people are leaving California right now, and not all of it is Covid restrictions, homeless people shitting on your porch, or blue-haired pansexuals protesting the falvor of the day. A lot of it is money related.
This post is spot on. Two of my life long friends have moved from California in the last 5 years because of their taxes and laws. And of course its happening with businesses like Tesla and plenty more. Cali doesnt have a people friendly gov there and hasnt for some time. You get rewarded for failure and punished for success there more than anywhere else.
