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Showing posts from July, 2024

State Tax Burden can Impact Net Income in Retirement - Pick the Right Place

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Source: WalletHub 2024 Best States To Retire - Sal Lesley The States Tax Burden in 2024 wallethub.com Adam McCann, WalletHub Financial WriterApr 2, 2024 When choosing a place to retire, pick some places you like for quality of life. Cost of living will vary among them, and a large part of the cost is the tax burden that each state and locality will take from you to live there in order to pay for its services. Uncle Sam takes his cut of our past year’s earnings every April, even if you become an expat, and since the tax code is so complicated, it’s hard for the average person to tell how they will be impacted. One simple ratio known as the “tax burden” helps cut through the confusion. Unlike tax rates , which vary widely based on an individual’s circumstances, tax burden measures the proportion of total personal income that residents pay toward state and loca

Three men sentenced to prison in 'burglary tourism' case

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Organized Burglary Ring Targets San Diego County Homes   Detectives have identified an organized theft ring targeting high-end homes in San Diego County, primarily composed of Chilean nationals entering on tourist visas. The group, referred to as the South American Theft Group, has been active since May 2022 and has increased its burglary activity over the past few weeks. The thieves typically target homes with alarms on the first floor, entering through the second floor, and often steal valuables and cash. Law enforcement is urging residents to be vigilant during sunset hours, update their alarm systems, and install cameras with motion detection to deter these burglaries. Summary This collection of articles discusses a growing trend of "burglary tourism" in the United States, particularly in California. Here's a summary of the key points: 1. Organized theft rings, primarily composed of South American nationals (especially from Chile), are entering the US on touri