03-16-2021, 10:45 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.
First of all I am not going to argue about the tax situation...I was just talking about Southern California in general, That 16 inches of snow we got over a 2 week period was just awesome last month!!
As far as housing....you are way off....these players do not live in Los Angeles proper. They live in the burbs just like here in Cincy and the housing costs are a bit different but not to the extremes you are putting up. How do I know?, I am licensed insurance agent in CA, I do homeowners insurance all the time for the area.
You do realize there are a lot of people in areas in SC that are just like here? SanFran (which we are not talking about) is all the BS going on that you are talking about.
Edit....Southern Ca and Northern CA are basically like two different states....FWIW
