Yea, well, if I ever reach the point where I actually have to care about state income tax to decide where to live the only life I’m ever going to have, I hope someone puts me out of my misery. |
You must not have a lot of money. It’s a real consultation for retirees. Many retirees in NE states are paying 50-75k a year in property and state taxes. That’s a huge chunk of change. |
PA doesn't tax 401k withdrawals. -dp |
If they are paying that much they must have a ton of equity and astronomical retirement income too. |
Because PA has a lot more hospitals and medical schools. Surface level tax rates don't mean a whole lot without comparing property values. There are parts of PA that are very cheap to live in, so slightly higher property taxes may not matter. PA doesn't tax 401k income. |
PA also doesn’t tax pensions. |
Uhh, DE for sure has an income tax. And it's higher than much of the DMV. |
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I asked a similar question not too long ago:
https://www.dcurbanmom.com/jforum/posts/list/1079296.page |
50-75k????!!That's just absolutely NOT true. (A former New Englander with current close ties there including retired relatives |
+1 We moved for open schools, merit-based universities, safe streets, and yes lower taxes. But you need to be aware of the heat, humidity, and need for impact roofs and windows. |
In other words, you moved because you’re right wing whack jobs. We get it. Enjoy the heat and humidity. It’s good training for when you’re burning in hell. |
| I know people who have recently moved to FL and TN from this area. Three already had houses in FL but changed their residency from DC to FL (and are legit spending more time there). The one in TN moved there for real, although still has a condo in DC. Texas seems to be a lace people from California move to to ovoid state taxes. I also know people who have changed their residency from MA and NJ to FL. |
Wtf. Really? You sound like a really good person that people enjoy being around. |
3% income tax is rather low. Those sales taxes and property taxes are moderately low. Military pension and SS income not included in income tax base. Lots of nice places to hike in the summer, close to civilization and several major international airports. Both spouse and I born and raised in the NE and lived on east coast most of our lives. |
Another benefit of low-tax states is that you see fewer overpolitized wackos like previous PP. |