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Metropolitan DC Local Politics
Reply to "New MOCo Planning report released "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous] MoCo has a high average income only because it has lots of individuals making $100 to $200K a year. Wealthy obviously but not super rich. Other wealthy jurisdictions are very different, whether Silicon Valley and NYC. [/quote] And those people are the exact ones who aren’t paying their fair share in taxes. If you’re earning over $150K a year, you need to be in a top marginal rate of 90% or more. You can earn whatever you want. But you’re only keeping $150k. The rest is going to go to the people who need it. [/quote] Yes, they are paying their fair share. Sorry. You do not improve incomes by chasing away the rich. If your mentality prevails in MC, you will see thousands (minimum) of professionals fleeing MC, and certainly me. MC already has the highest tax burden in the region. MC must encourage the private sector to grow. [/quote] Yes, that was me. I was paying between federal and mont cry (state) close to .60 on every dollar I made. The ten percent prooerty tax increase was enough! Sold my house last year and left. Good riddance! I am no longer busting my ass for other people’s needs [/quote] It’s lower than Howard County and lower than the national average. https://www.montgomerycountymd.gov/Finance/Resources/Files/2018RealPropertyRate.pdf[/quote]
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