{"id":9514,"date":"2014-09-17T19:30:18","date_gmt":"2014-09-17T12:30:18","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/want-to-live-in-a-state-with-no-income-tax-make-sure-youre-super-rich-first\/"},"modified":"2016-03-31T10:55:50","modified_gmt":"2016-03-31T03:55:50","slug":"want-to-live-in-a-state-with-no-income-tax-make-sure-youre-super-rich-first","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/want-to-live-in-a-state-with-no-income-tax-make-sure-youre-super-rich-first\/","title":{"rendered":"Want to live in a state with no income tax? Make sure you&#039;re super rich first"},"content":{"rendered":"<p>&#013;<br \/>\nNew surveys and studies of inequality show that state tax rates can influence how the poor and rich spend moneyUS poverty rate stagnant, census report showsWidening US gap between rich and poor is unsustainableIt may sound like a dream to live in the seven US states that have no income taxes: every dollar that doesn\u2019t go to the tax man stays in your bank account, right? Not quite. Taxes reinforce inequality, as it turns out. States with no income tax end up taxing the poor far more heavily than other classes.  Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.theguardian.com\/money\/us-money-blog\/2014\/sep\/17\/states-income-taxes-surprising-inequality-burden\" target=\"_blank\">Want to live in a state with no income tax? Make sure you&#8217;re super rich first<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; New surveys and studies of inequality show that state tax rates can influence how the&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-9514","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-2ts","jetpack-related-posts":[{"id":111341,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/gini-index-is-a-poor-inequality-measure-letter\/","url_meta":{"origin":9514,"position":0},"title":"Gini index is a poor inequality measure | Letter","date":"October 4, 2019","format":false,"excerpt":"\r Graham Sowter takes issue with a recent letter by Tim Worstall of the Adam Smith Institute that cited data suggesting that income inequality has decreased slightly in the UK in the last decadeThere are lies, damned lies and Gini index statistics. A single statistical measure invented in 1912 cannot\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104849,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/actually-the-rich-pay-lots-of-tax-but-on-income-not-their-wealth-patrick-collinson\/","url_meta":{"origin":9514,"position":1},"title":"Actually, the rich pay lots of tax. But on income, not their wealth | Patrick Collinson","date":"March 9, 2019","format":false,"excerpt":"\r Rather than cut income tax, the government would do better to tax the country\u2019s real wealthWe know that giant multinationals are engaged in industrial-scale tax avoidance. We know from the Panama and Paradise papers how some individuals will use every offshore trick to dodge taxes. We know that billionaires\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10018,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/british-public-wrongly-believe-rich-pay-most-in-tax-new-research-shows\/","url_meta":{"origin":9514,"position":2},"title":"British public wrongly believe rich pay most in tax, new research shows","date":"June 16, 2014","format":false,"excerpt":"\r Study shows poorest 10% pay eight percentage points more income, prompting calls for more progressive systemDo you know more about tax than the average Briton? Take our quizThe British public dramatically underestimate what the poorest pay in tax and wrongly believe the richest face the biggest tax burden, according\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10610,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ifs-predicts-future-capital-gains-tax-cuts-will-favour-the-rich\/","url_meta":{"origin":9514,"position":3},"title":"IFS predicts future capital gains tax cuts will favour the rich","date":"April 14, 2016","format":false,"excerpt":"\r Institute for Fiscal Studies thinktank says chancellor likely to reduce rates in next budget despite concerns about inequalityThe government is likely to favour the rich in the next budget with further reductions in capital gains tax rates, despite concerns about inequality, according to Paul Johnson, director of the Institute\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5376,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pension-tax-relief-cut-its-not-just-the-ultra-rich-that-will-be-hit\/","url_meta":{"origin":9514,"position":4},"title":"Pension tax relief cut: &#039;It&#039;s not just the ultra-rich that will be hit&#039;","date":"December 5, 2012","format":false,"excerpt":"\r Mark Dampier of Hargreaves Lansdown says the impact of the \u00a310,000 cut in the annual tax-free limit will hit many saversMark Dampier admits he's lucky to be able to afford to put \u00a350,000 a year into his pension, but is furious at the \u00a34,500 tax charge he faces paying\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":75645,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-middle-class-who-got-rich-on-peps-and-isas-letters\/","url_meta":{"origin":9514,"position":5},"title":"The middle class who got rich on Peps and Isas | Letters","date":"January 3, 2018","format":false,"excerpt":"\r Anyone who has taken up the Pep and then the Isa every year from 1988 will have accumulated a completely tax-free investment portfolio of \u00a3508,000, writes Tom BrownYour year-end editorial exploring the iniquities of a society increasingly characterised by a growing new class of rentiers is timely (Redistribute the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/9514"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=9514"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/9514\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=9514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=9514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=9514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}