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Thread: Moving to Jackson: Yay or nay?
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02-16-2022, 08:53 PM #301
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02-16-2022, 09:15 PM #302Registered User
- Join Date
- Oct 2003
- Location
- JAC
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- 1,299
This is the essence of it. No state income tax means that the wealthy can significantly over pay for a residence and have the tax saving pay for it in a very short time. Of course being a really cool place to play is the bonus. It's not going backwards. Five years ago a 2br condo could be bought for around $500K in the Aspens...now they are fighting to pay 1.5 mill. If you make 1 mill a year your state tax savings pay for it in about ten years.
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