This California nurse made over $100K, but was still living with her dad. Here's why

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If you made a $100,000 yearly salary, you’d astir apt beryllium beauteous happy, right? Well, that mightiness not beryllium the lawsuit if you’re surviving successful California.

A registered caregiver named Winter posted a TikTok video successful which she expressed her vexation with however small her $100,000+ income gets her successful the Golden State. In fact, she’s recovered it truthful hard to spend her bills close present that she is moving backmost successful with her dad.

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“Having a decent occupation doesn’t get you anywhere,” she lamented.

But is that existent — oregon does she conscionable request to get retired of California?

Winter isn’t the lone idiosyncratic frustrated with California living. There’s been a immense migration retired of bluish states similar California and New York, and toward reddish states similar Florida and Texas.

Personal concern personage Grant Cardone said that this is due to the fact that bluish states’ taxation rates are excessively precocious — peculiarly for those making bully money.

Winter herself complained astir the taxes successful her video. Her much than $100,000/year income means she needs to wage 9.3% successful taxes, according to the 2023 State of California Franchise Tax Board.

Millionaires are required to wage adjacent much wealth to the state. Those who gain much than $1.3 cardinal request to wage 12.3% successful taxes.

Regardless of the emblematic expenses of the spot you live, it is imaginable to question retired the champion imaginable deals connected indispensable costs similar security and prevention wealth to counteract precocious taxes. For example, by utilizing OfficialCarInsurance.com, you tin easy comparison quotes from aggregate insurers, specified arsenic Progressive, Allstate and GEICO, to guarantee you’re getting the champion deal.

In conscionable 2 minutes, you could find rates arsenic debased arsenic $29 per month.

Similarly, OfficialHomeInsurance lets you comparison the champion location security rates successful your area. All you request to bash is reply a fewer basal questions and they’ll instantly benignant done starring insurers successful your country to find you the champion deals available.

Because Texas and Florida bash not complaint authorities income taxes, galore radical are attracted to moving there. With the rising outgo of living, redeeming wealth connected taxes is tempting galore radical to see uprooting to different state.