Moving out of DC because of taxes and wasteful government

[Anonymous]

DC government hates rich people. Just look at the map for the "mansion tax' the DC council approved https://www.dcpolicycenter.org/publications/proposed-mansion-tax-generate-tax-revenue-from-small-group-of-property-owners/?mc_cid=eed06d5396&mc_eid=68de121bf0

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I moved from DC to VA and the tax difference is really not worth the trouble.

It is if you're in the top tax bracket...

If you're in the top tax bracket in DC (1,000,000+) and you're making decision on where to live over a measly few percent you either have a mental disorder or are abysmally bad at managing your money.

If you're making a million plus a year and you have any issue with money other than "how do I decide which worthy causes I can give all this money I have left over because I couldn't possibly spend that much on myself and my family" there's something seriously wrong with you.

Seems like a lot until you make that much.

[Anonymous]

Anonymous wrote:DC government hates rich people. Just look at the map for the "mansion tax' the DC council approved https://www.dcpolicycenter.org/publications/proposed-mansion-tax-generate-tax-revenue-from-small-group-of-property-owners/?mc_cid=eed06d5396&mc_eid=68de121bf0

New York has had a Mansion Tax for many years. It's been in place since 1989. NYC imposed a progressive Mansion Tax starting in 2019.

Does NY hate rich people? Has it damaged property prices in NYC?

[Anonymous]

I make that much and yeah, we have a ton of money.

And the mansion tax? It's for properties valued over $2.5 MILLION and is an increase of 18% to $1.00 per dollar of assessed value only for that portion of the house valued above $2.5M. Cry me a river...

[Anonymous]

Anonymous wrote:

Anonymous wrote:DC government hates rich people. Just look at the map for the "mansion tax' the DC council approved https://www.dcpolicycenter.org/publications/proposed-mansion-tax-generate-tax-revenue-from-small-group-of-property-owners/?mc_cid=eed06d5396&mc_eid=68de121bf0

New York has had a Mansion Tax for many years. It's been in place since 1989. NYC imposed a progressive Mansion Tax starting in 2019.

Does NY hate rich people? Has it damaged property prices in NYC?

Here is what is crazy though about DC vs. NYC. DC imposed a "mansion" tax, yet still has a very robust high-end property market...and it's simple to move out of DC. If you are upset about your Georgetown property tax, you can sell and easily move across the river to some nice neighborhoods in Arlington. It may actually reduce your commute to downtown DC because they have a bunch of metro stops, while Georgetown has none.

As anyone who knows NYC will tell you...it's not a simple move across the river to NJ or moving to Westchester. You just went from possibly a walkable commute to a one hour+ commute. Also, it's not like taxes in those places are low either.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I moved from DC to VA and the tax difference is really not worth the trouble.

It is if you're in the top tax bracket...

I am just shy of $1M. She said it wasn't worth it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:DC government hates rich people. Just look at the map for the "mansion tax' the DC council approved https://www.dcpolicycenter.org/publications/proposed-mansion-tax-generate-tax-revenue-from-small-group-of-property-owners/?mc_cid=eed06d5396&mc_eid=68de121bf0

New York has had a Mansion Tax for many years. It's been in place since 1989. NYC imposed a progressive Mansion Tax starting in 2019.

Does NY hate rich people? Has it damaged property prices in NYC?

Here is what is crazy though about DC vs. NYC. DC imposed a "mansion" tax, yet still has a very robust high-end property market...and it's simple to move out of DC. If you are upset about your Georgetown property tax, you can sell and easily move across the river to some nice neighborhoods in Arlington. It may actually reduce your commute to downtown DC because they have a bunch of metro stops, while Georgetown has none.

As anyone who knows NYC will tell you...it's not a simple move across the river to NJ or moving to Westchester. You just went from possibly a walkable commute to a one hour+ commute. Also, it's not like taxes in those places are low either.

I have quite a few friends who live in Georgetown and no one is clamering to leave.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:DC government hates rich people. Just look at the map for the "mansion tax' the DC council approved https://www.dcpolicycenter.org/publications/proposed-mansion-tax-generate-tax-revenue-from-small-group-of-property-owners/?mc_cid=eed06d5396&mc_eid=68de121bf0

New York has had a Mansion Tax for many years. It's been in place since 1989. NYC imposed a progressive Mansion Tax starting in 2019.

Does NY hate rich people? Has it damaged property prices in NYC?

Here is what is crazy though about DC vs. NYC. DC imposed a "mansion" tax, yet still has a very robust high-end property market...and it's simple to move out of DC. If you are upset about your Georgetown property tax, you can sell and easily move across the river to some nice neighborhoods in Arlington. It may actually reduce your commute to downtown DC because they have a bunch of metro stops, while Georgetown has none.

As anyone who knows NYC will tell you...it's not a simple move across the river to NJ or moving to Westchester. You just went from possibly a walkable commute to a one hour+ commute. Also, it's not like taxes in those places are low either.

I have quite a few friends who live in Georgetown and no one is clamering to leave.

“Clamoring” and, yes, my friends are leaving and my NYC friends have already left or are finishing the school year, but buying now. I left DC for VA and took my tax dollars with me. This is what smart people do. I lucked out in VA with public schools and Universities and now will retire to Florida -again, for tax reasons - where the DC and NY people are already heading.

[Anonymous]

But then you had to live in VA and FL.

Yuck.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:DC government hates rich people. Just look at the map for the "mansion tax' the DC council approved https://www.dcpolicycenter.org/publications/proposed-mansion-tax-generate-tax-revenue-from-small-group-of-property-owners/?mc_cid=eed06d5396&mc_eid=68de121bf0

New York has had a Mansion Tax for many years. It's been in place since 1989. NYC imposed a progressive Mansion Tax starting in 2019.

Does NY hate rich people? Has it damaged property prices in NYC?

Here is what is crazy though about DC vs. NYC. DC imposed a "mansion" tax, yet still has a very robust high-end property market...and it's simple to move out of DC. If you are upset about your Georgetown property tax, you can sell and easily move across the river to some nice neighborhoods in Arlington. It may actually reduce your commute to downtown DC because they have a bunch of metro stops, while Georgetown has none.

As anyone who knows NYC will tell you...it's not a simple move across the river to NJ or moving to Westchester. You just went from possibly a walkable commute to a one hour+ commute. Also, it's not like taxes in those places are low either.

I have quite a few friends who live in Georgetown and no one is clamering to leave.

“Clamoring” and, yes, my friends are leaving and my NYC friends have already left or are finishing the school year, but buying now. I left DC for VA and took my tax dollars with me. This is what smart people do. I lucked out in VA with public schools and Universities and now will retire to Florida -again, for tax reasons - where the DC and NY people are already heading.

I pity you.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:DC government hates rich people. Just look at the map for the "mansion tax' the DC council approved https://www.dcpolicycenter.org/publications/proposed-mansion-tax-generate-tax-revenue-from-small-group-of-property-owners/?mc_cid=eed06d5396&mc_eid=68de121bf0

New York has had a Mansion Tax for many years. It's been in place since 1989. NYC imposed a progressive Mansion Tax starting in 2019.

Does NY hate rich people? Has it damaged property prices in NYC?

Here is what is crazy though about DC vs. NYC. DC imposed a "mansion" tax, yet still has a very robust high-end property market...and it's simple to move out of DC. If you are upset about your Georgetown property tax, you can sell and easily move across the river to some nice neighborhoods in Arlington. It may actually reduce your commute to downtown DC because they have a bunch of metro stops, while Georgetown has none.

As anyone who knows NYC will tell you...it's not a simple move across the river to NJ or moving to Westchester. You just went from possibly a walkable commute to a one hour+ commute. Also, it's not like taxes in those places are low either.

I have quite a few friends who live in Georgetown and no one is clamering to leave.

“Clamoring” and, yes, my friends are leaving and my NYC friends have already left or are finishing the school year, but buying now. I left DC for VA and took my tax dollars with me. This is what smart people do. I lucked out in VA with public schools and Universities and now will retire to Florida -again, for tax reasons - where the DC and NY people are already heading.

I pity you.

I don’t think about you at all.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:DC government hates rich people. Just look at the map for the "mansion tax' the DC council approved https://www.dcpolicycenter.org/publications/proposed-mansion-tax-generate-tax-revenue-from-small-group-of-property-owners/?mc_cid=eed06d5396&mc_eid=68de121bf0

New York has had a Mansion Tax for many years. It's been in place since 1989. NYC imposed a progressive Mansion Tax starting in 2019.

Does NY hate rich people? Has it damaged property prices in NYC?

Here is what is crazy though about DC vs. NYC. DC imposed a "mansion" tax, yet still has a very robust high-end property market...and it's simple to move out of DC. If you are upset about your Georgetown property tax, you can sell and easily move across the river to some nice neighborhoods in Arlington. It may actually reduce your commute to downtown DC because they have a bunch of metro stops, while Georgetown has none.

As anyone who knows NYC will tell you...it's not a simple move across the river to NJ or moving to Westchester. You just went from possibly a walkable commute to a one hour+ commute. Also, it's not like taxes in those places are low either.

I have quite a few friends who live in Georgetown and no one is clamering to leave.

“Clamoring” and, yes, my friends are leaving and my NYC friends have already left or are finishing the school year, but buying now. I left DC for VA and took my tax dollars with me. This is what smart people do. I lucked out in VA with public schools and Universities and now will retire to Florida -again, for tax reasons - where the DC and NY people are already heading.

You don't sound at all like a wealthy person who would own say a $10MM home in Georgetown. They don't care about paying public school tuition for k-12 or college.

Even most of the Trump lackeys bought in DC...Lutnick, Bessent, et al...when there was nothing stopping them from buying in VA or MD.

[Anonymous]

Anonymous wrote:How aggressive is DC in going after former residents who establish residency in another state, or a territory like Puerto Rico, but still have family in the city and visit for several months a year?

I think the deal is you just need not to have a "place of abode." Like, don't keep your clothes there, dont be on any bills, etc.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:DC government hates rich people. Just look at the map for the "mansion tax' the DC council approved https://www.dcpolicycenter.org/publications/proposed-mansion-tax-generate-tax-revenue-from-small-group-of-property-owners/?mc_cid=eed06d5396&mc_eid=68de121bf0

New York has had a Mansion Tax for many years. It's been in place since 1989. NYC imposed a progressive Mansion Tax starting in 2019.

Does NY hate rich people? Has it damaged property prices in NYC?

Here is what is crazy though about DC vs. NYC. DC imposed a "mansion" tax, yet still has a very robust high-end property market...and it's simple to move out of DC. If you are upset about your Georgetown property tax, you can sell and easily move across the river to some nice neighborhoods in Arlington. It may actually reduce your commute to downtown DC because they have a bunch of metro stops, while Georgetown has none.

As anyone who knows NYC will tell you...it's not a simple move across the river to NJ or moving to Westchester. You just went from possibly a walkable commute to a one hour+ commute. Also, it's not like taxes in those places are low either.

I have quite a few friends who live in Georgetown and no one is clamering to leave.

“Clamoring” and, yes, my friends are leaving and my NYC friends have already left or are finishing the school year, but buying now. I left DC for VA and took my tax dollars with me. This is what smart people do. I lucked out in VA with public schools and Universities and now will retire to Florida -again, for tax reasons - where the DC and NY people are already heading.

You don't sound at all like a wealthy person who would own say a $10MM home in Georgetown. They don't care about paying public school tuition for k-12 or college.

Even most of the Trump lackeys bought in DC...Lutnick, Bessent, et al...when there was nothing stopping them from buying in VA or MD.

Senate-confirmed appointees get to keep their home state tax residency. They can live in DC without being subject to DC local taxes.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:DC government hates rich people. Just look at the map for the "mansion tax' the DC council approved https://www.dcpolicycenter.org/publications/proposed-mansion-tax-generate-tax-revenue-from-small-group-of-property-owners/?mc_cid=eed06d5396&mc_eid=68de121bf0

New York has had a Mansion Tax for many years. It's been in place since 1989. NYC imposed a progressive Mansion Tax starting in 2019.

Does NY hate rich people? Has it damaged property prices in NYC?

Here is what is crazy though about DC vs. NYC. DC imposed a "mansion" tax, yet still has a very robust high-end property market...and it's simple to move out of DC. If you are upset about your Georgetown property tax, you can sell and easily move across the river to some nice neighborhoods in Arlington. It may actually reduce your commute to downtown DC because they have a bunch of metro stops, while Georgetown has none.

As anyone who knows NYC will tell you...it's not a simple move across the river to NJ or moving to Westchester. You just went from possibly a walkable commute to a one hour+ commute. Also, it's not like taxes in those places are low either.

I have quite a few friends who live in Georgetown and no one is clamering to leave.

“Clamoring” and, yes, my friends are leaving and my NYC friends have already left or are finishing the school year, but buying now. I left DC for VA and took my tax dollars with me. This is what smart people do. I lucked out in VA with public schools and Universities and now will retire to Florida -again, for tax reasons - where the DC and NY people are already heading.

Oh please. My kids are grown. You will end up looking like every old suburbanite. I'm not interested. I will keep my high income in the city. I would NEVER live in FL so we are very different people. Would like to stay in a place that is not racist.