Comments by "Joe Swanson" (@joeswanson733) on "" video.
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To be clear, it is not legal for states to charge a tax on someone just because they are moving somewhere else. Therefore, there is no state that technically has an exit tax, but there are other maneuvers that certain states can do to try to make life a bit harder for those looking to escape certain types of taxes.
California, for example, charges a tax of 0.4% of net worth over $30,000,000 in a tax year. The worth can be located in a different state or country and is still subject to this tax. Similarly, New Jersey requires those leaving the state to withhold either 8.97% of the profit made on their home sale in New Jersey or 2% of the sale price, whichever is higher. While neither of these is an official exit tax, they do affect former residents.
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