Tax Sinkholes and Surpluses

Practical and Practice issues for Professionals who practice in the area of taxation. Moral, social and economic issues relating to taxes, including international issues, the U.S. Internal Revenue Code, state tax issues, etc. Not for "tax protestor" issues, which should be posted in the "tax protestor" forum above. The advice or opinion given herein should not be relied on for any purpose whatsoever. Also examines cookie-cutter deals that have no economic substance but exist only to generate losses, as marketed by everybody from solo practitioner tax lawyers to the major accounting firms.
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JamesVincent
A Councilor of the Kabosh
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Re: Tax Sinkholes and Surpluses

Postby JamesVincent » Sun Nov 20, 2011 1:12 am

I remember the Dakotas and Wyoming being in the top 5 states to live based on per capita income vs debt and other factors such as housing and cost of living. Apparently theres areas there where there had been a decent influx of capital in the past few years and had thrived and real estate had never gone through the boom and bust cycle like all the "good" states did. I was actually looking into moving there with the kids when the current issues with my ex started right before my surgery earlier this year that kinda foiled all my plans.
"Just knowing we're in the same genus makes me embarrassed to call myself Homo." Professor Farnsworth

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