[EconProf]

Water and its cost is a problem everywhere in the West, but I’m finding it costs about one-third as much in AZ as in CA. Reason is that the main source–the Colorado River–with its water rights set over a century ago, treated AZ more generously on a per capita basis than CA.
As far as cost of living and operating a business there is a huge difference, and not just taxes and government regulations. New and used homes are 1/4 to 1/2 the price of houses within 20 miles of our coast. So workers are willing and able to work for far less than in CA and still raise a family in their SFR.

[EconProf]

Water and its cost is a problem everywhere in the West, but I’m finding it costs about one-third as much in AZ as in CA. Reason is that the main source–the Colorado River–with its water rights set over a century ago, treated AZ more generously on a per capita basis than CA.
As far as cost of living and operating a business there is a huge difference, and not just taxes and government regulations. New and used homes are 1/4 to 1/2 the price of houses within 20 miles of our coast. So workers are willing and able to work for far less than in CA and still raise a family in their SFR.

[EconProf]

Water and its cost is a problem everywhere in the West, but I’m finding it costs about one-third as much in AZ as in CA. Reason is that the main source–the Colorado River–with its water rights set over a century ago, treated AZ more generously on a per capita basis than CA.
As far as cost of living and operating a business there is a huge difference, and not just taxes and government regulations. New and used homes are 1/4 to 1/2 the price of houses within 20 miles of our coast. So workers are willing and able to work for far less than in CA and still raise a family in their SFR.

[EconProf]

Water and its cost is a problem everywhere in the West, but I’m finding it costs about one-third as much in AZ as in CA. Reason is that the main source–the Colorado River–with its water rights set over a century ago, treated AZ more generously on a per capita basis than CA.
As far as cost of living and operating a business there is a huge difference, and not just taxes and government regulations. New and used homes are 1/4 to 1/2 the price of houses within 20 miles of our coast. So workers are willing and able to work for far less than in CA and still raise a family in their SFR.

[EconProf]

Interesting you should mention New York City as an example of a basket case turning itself around. The major factor was one Mayor Guliani, who brought fiscal soundness and a tough-on-crime regime to city government, largely maintained by the current Republican mayor.

[EconProf]

Interesting you should mention New York City as an example of a basket case turning itself around. The major factor was one Mayor Guliani, who brought fiscal soundness and a tough-on-crime regime to city government, largely maintained by the current Republican mayor.

[EconProf]

Interesting you should mention New York City as an example of a basket case turning itself around. The major factor was one Mayor Guliani, who brought fiscal soundness and a tough-on-crime regime to city government, largely maintained by the current Republican mayor.

[EconProf]

Interesting you should mention New York City as an example of a basket case turning itself around. The major factor was one Mayor Guliani, who brought fiscal soundness and a tough-on-crime regime to city government, largely maintained by the current Republican mayor.

[EconProf]

Interesting you should mention New York City as an example of a basket case turning itself around. The major factor was one Mayor Guliani, who brought fiscal soundness and a tough-on-crime regime to city government, largely maintained by the current Republican mayor.

[EconProf]

You actually pay state and federal taxes on the $350 annually earned for each of the ten years. Apply your marginal income tax rates to that to discover what your have left.
Capital gains taxes only apply to a gain when you sell something.

[EconProf]

You actually pay state and federal taxes on the $350 annually earned for each of the ten years. Apply your marginal income tax rates to that to discover what your have left.
Capital gains taxes only apply to a gain when you sell something.

[EconProf]

You actually pay state and federal taxes on the $350 annually earned for each of the ten years. Apply your marginal income tax rates to that to discover what your have left.
Capital gains taxes only apply to a gain when you sell something.

[EconProf]

You actually pay state and federal taxes on the $350 annually earned for each of the ten years. Apply your marginal income tax rates to that to discover what your have left.
Capital gains taxes only apply to a gain when you sell something.

[EconProf]

You actually pay state and federal taxes on the $350 annually earned for each of the ten years. Apply your marginal income tax rates to that to discover what your have left.
Capital gains taxes only apply to a gain when you sell something.

[EconProf]

You are behind.
You are earning 3.5% per year and losing 5% on your principal, so you are losing 1.5% per year.
This ignors compounding and also state and federal income taxes, which can be important as well.

[Author]

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