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We have made it to the end of our two weeks in Tennessee. Now we just need to make our way back to our home in Louisiana and make the best of our time here.
I don’t know if I have the energy to go back and forth across the border between Tennessee and Louisiana, but I do know I will miss the rest of the country immensely. For us, it has been the best two weeks of our lives thus far. We are very happy to have settled down in a country we feel completely at home in.
I’m not sure if we’re just being overly melodramatic or what, but we’ve spent the past two weeks making a very emotional bond with our new home in Louisiana. We’ve fallen in love with the state, and while we’re sure we’ll miss our friends and family back home, we’re also sure we’ll enjoy the lifestyle and scenery we’re getting to experience.
We have been in a state for three weeks and feel at home. There is nothing like being able to just be in a very familiar place and feel comfortable in it. We are so ready for our new apartment.
While Louisiana is a great place to live, the reason why we love it so much is because of the way the government handles tax policy. The state is a lot smaller than other states in the USA, so there is a lot less of a tax burden on the residents. This is a major factor when it comes to making a new home. With only 6% of the state being income tax, it makes for a much more affordable property.
When we moved into our apartment, we had no intention of moving anywhere. And even if we had, we probably wouldn’t have wanted to live in a place that had such a high tax rate. But that didn’t stop the government from giving us a tax exemption because we’re in the same tax bracket as a lot of the residents.
With the help of our bank, we were able to get our taxes reduced from 9.5% to 8.5%. This has allowed us to pay off our first mortgage at 8.
So if we were to move to a region where the income tax is lower, or even if we were to move and change our region, we can get rid of our mortgage in a year. I say tax exemption because the tax is only on property above a certain value. The lower the value, the lower the tax. So lower the tax, and the better off you will be.
The tax exemption on property is a bit of a red herring. This may be the case since the property itself is taxed at a lower rate than the cash value of the property. But then again, that’s how states work. If you’re a rich person, you don’t need a mortgage to keep you up and running. In fact, the tax exemption can be a big advantage in a lot of states where you don’t have to pay property taxes.
That’s the big reason why I like these places. You don’t have to pay property taxes, you don’t have to pay property taxes, you dont have to pay property taxes, you dont have to pay property taxes. All you need is a bank account. You just have your money in your bank.