"I see people leaving New Jersey because it will become a high-tax state."
For those in a high-tax state like New York, the tax advantage of municipals can be greater.
Retirees who live in high-tax states like New York should think about state taxes, too.
This is no small matter because New York is a high-tax state.
Of course, that does not take into account state-specific funds, which may make sense for people in high-tax states.
In a high-tax state, a higher proportion of the bottom-line tax would go to local government and a lesser amount to Washington.
The Senate plan would affect families the same whether they live in low- or high-tax states.
Despite tax reductions, New York remains at or near the top on national lists of high-tax states.
In a high-tax state like California they pay 61 cents of the last dollar spent.
This is largely a middle-class, high-tax state and the cuts have been popular.