Moving out of DC because of taxes and wasteful government

[Anonymous]

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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.

Yeah you go do that with your money.

People like you are what is wrong with the world. Just letting you know you're a bad person and likely everyone in your life but you knows it.

[Anonymous]

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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.

Moving to Fl is lame. Some of us plan to move to more interesting locations.

I’m moving to Dubai. No taxes and no crime. No degenerates like in Florida either.

Unless you give up US citizenship you will still be paying US income taxes (of course, maybe you aren't a US citizen to start). Really no difference than moving to a zero-tax state from that perspective...though I don't know if Dubai has property or sales tax.

[Anonymous]

People in DC think you're a bad person if you question your tax bill, and the DC government takes full advantage. They'd take all of your money if they could.