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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Scumbria who wrote (146488)5/19/2001 2:59:10 PM
From: Peter O'Brien  Read Replies (1) | Respond to of 769670
 
> doubt that you are going to see a lot of people moving from California
> or Colorado to Texas.

Well, I'm *already* seeing it...

In my neighborhood alone, there have been several new families
from California just in the past year.

They are cashing in their overpriced homes in California
and taking advantage of the $500,000 capital gains exemption.

BTW, my property tax in Texas is only about 2%.

Maybe all the folks in California will be manually filling out their FTB
forms by candle light next April...



To: Scumbria who wrote (146488)5/19/2001 3:05:44 PM
From: Peter O'Brien  Respond to of 769670
 
> I'll take our 5% income tax in Colorado over that, any day.

For you to make such a statement, your income must be relatively small
in relation to the value of your house.

Not all of us fall into that category...