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Reply to "Maryland Tax Increase"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I figure once we cancel FEMA and states stop subsidizing red states disasters it’ll go down.[/quote] This. And red state taxes will increase substantially. Id rather pay more taxes and stay in Maryland; I've lived in several southern states and we get so much more for our taxes in MoCo. [/quote] Yeah, but realistically the choices here are MoCo, PG, HoCo, NoVA or DC. I think it is more economical to live in DC or NoVA - better house appreciation and more services for middle to upper middle class. Will prob sell house in Bethesda and retire to DC or NoVA condo. Will miss community in Bethesda. [/quote] Retried people pay very few taxes so moving while retired not as helpful. Maryland does not tax SS, and first 40K out of pension or 401k each year starting at 65 is tax free. And with new SALT rules you can deduct Maryland Taxes on Fed return. [/quote]
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