Isn't it Funny - The Emperor Really Doesn't Have ANY Clothes!!

Odd how the states with the highest taxes seem to often be the ones in the worst financial condition.  Wisconsin, New Jersey, New York, Illinois, Indiana, Michigan, and California all have very high tax burdens that their citizens must bear and yet they are in no better shape financially (and in some cases much worse) than states like Florida, Texas, and Tennessee that have no income taxes.  One of the reasons people continue to retire to Tennessee (and Florida and Texas) is because of our very low taxes.  In Sevier County, we have one of the lowest real estate tax rates in the nation and we still don't have an income tax on earned income.  I expect that even more people will flee Illinois due to their recent sharp increase in their state income tax.  If you are taxed enough already, come to Gatlinburg.  Our low real estate taxes, no income tax, low crime, beautiful scenery, and mild climate are just some of the reasons why more and more people are retiring to Tennessee.

Comments

Post a Comment

Popular posts from this blog

Everything You Always Wanted to Know about Smoky Mountain Water Wells but were Afraid to Ask!

Unlike more urban communities, many Smoky Mountain homes still have water supplied by individual underground wells. The fact is that only a relatively small (but ever growing) portion of our area is served by municipal utility water. This is rarely a problem as wells here in the Gatlinburg and surrounding area usually produce clear and good tasting water for significantly less cost than utility water once the one-time expense of drilling the well is covered. In fact, while there are certainly exceptions, our area is known for exceptionally clean and good tasting well water. More than one brand of bottled water is actually drawn from underground sources right here in the Smokies. What can go wrong you ask? Unfortunately, plenty! In those relatively rare cases where a well’s iron or sulfur content causes the water to be unsuitable, a water filtration system can generally be installed to remedy the situation. Water filtration can be as basic as a very inexpensive cotton string filter th
Read more

Comments Please!

I have had this blog since 2003 but didn't really get serious about regularly writing here until the beginning of 2007. I do truly enjoy the opportunity to share my thoughts about our local Gatlinburg area real estate market including the surrounding communities of Pigeon Forge, Sevierville, Seymour, Kodak, and Cosby. The only problem with writing any type of blog is that you really aren't sure just how many people are reading much less care about what you are pontificating about. If you are reading this blog, regularly or for the very first time, PLEASE comment me. It's easy, painless, and won't leave any sort of mark. In fact, you can even remain totally anonymous but yet let me know that you are out there. Like the age old question of "If a tree falls in the forest with nobody there to hear, does it make a noise?", a blog writer could wonder "If I write something meaningful but nobody reads it, does it matter?". If you like, you can even tel
Read more

Comments Please!!

Just wondering how many folks are out there reading this Gatlinburg real estate blog.  Please comment with your home town - You can even stay anonymous if you wish. If you want, tell me more about yourself (if you already own property in Sevier County or are just considering doing so, what you would like me to write about in the future, etc.).  Thanks in advance for your comments, whatever they might be!!
Read more