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Metropolitan DC Local Politics
Reply to "MoCo looking at increasing income taxes for those making above $150K"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I think this is a dumb policy, but it's literally only a 0.1% increase. That is only $1,000 more income taxes if you make around 1.15M per year. This is a negligible amount of taxes and most people won't care. [/quote] Yes and it is a progressive tax. The tax rate is decreasing for others with lower income. This 0.1 % increase will apply to me and I am fine with it if others get a bit more of a break. [/quote] +1 to both of these comments. We make 180k and are feeling the pinch of COL going up and I do not care about this tax increase. It will hit us "gently" and if it helps the county balance the budget, I'm all for it. Taxes in MoCo are high because the county does a lot for its residents. That's a major reason most of us moved here. Well, just like all my bills are higher now than they were 5 years ago, the same is true for the county. If we want to maintain a high level of services and amenities for residents, we will have to pay for it. I'm not rich but I'm not poor either and I'm fine pitching in. If you don't like it, go move to one of those counties that don't do s**t for their residents and see how that goes. Enjoy schools that aren't even open five days a week, no public transit, etc. I've lived in a place like that and it sucks, but the county taxes are low.[/quote]
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