Quote:
Originally Posted by mcgrath618
I think that there is certainly an argument to be made that Philly has taxes if those cities with higher per capita numbers have lower wage and income taxes, considering that those hurt people at the lower end of the income spectrum more than it hurts those making six figures.
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Denver does not have any noticeable wage/income taxes. Sales tax is comparable. There's something called OPT which is $9 per month per employee. Employee pays $5 and employer pays $4 per month. Which is basically nothing.
Their property taxes however are a ridiculous 7.15% of actual value compared to Philly's 1.4. Five times higher. EDIT: I messed this up their tax rate is more complicated but it's effectively about half of ours:
Average Denver house - $430,000 x 0.0715(assessed rate) x 0.072116(millage rate) = $2,217.21
Dallas however has no local income tax and property tax rate is about double ours at 2.7%. Similar sales tax