Reply to MoCo looking at increasing income taxes for those making above $150K

Forum Index » Metropolitan DC Local Politics

Reply to "MoCo looking at increasing income taxes for those making above $150K"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]WTF  $150K here is nothing.  Is this $150K for single filers?

MoCo keeps increasing taxes rather than thinking about cutting the budget.  And the kids are not doing any better year after year of giving MCPS more money.

So sick of this place.

https://bethesdamagazine.com/2026/05/08/straw-vote-divided-county-council-supports-progressive-income-tax-structure/[/quote]

This is funnier:

[quote]The ITOC is a $692 property tax credit for homeowners who claim their home as their principal residence. It used to be automatically applied to qualifying county property tax bills, but homeowners now have to fill out a one-time application to receive it.

Elrich has spoken out on multiple occasions against the proposed elimination of the ITOC, which he says will result in most homeowners paying more than they would under his proposal to raise the property tax rate.

Supporters of the proposed elimination of the ITOC emphasize that the credit does not benefit everyone, including people who qualify but may not be aware of it.

“Unfortunately, it doesn’t provide the credit equally to everyone,” Balcombe said on Friday. “Renters don’t get this credit, it is owner-occupied eligible only.” [/quote]

[b]Renters don't need the credit because they don't pay property taxes in the first place. [/b]Idiots.[/quote]

Yes, landlords are definitely paying those property taxes out of the goodness of their hearts and not out of their rental revenue. [/quote]

They can’t raise the rent just because taxes went up. Rents are set by the market. Just like we can’t ask for raises because taxes went up. [/quote]

You don't understand how markets work. There is both supply and demand. Prices are not just based on demand. They are also based on supply, which is impacted by the costs that landlords have to pay.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics