Anonymous
05/09/2026 21:16
Subject: MoCo looking at increasing income taxes for those making above $150K
Anonymous wrote:Anonymous wrote: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.
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.
OP is misinformed. The income tax is not a problem. The ITOC property tax credit is
o Filers that report less than $135,500 in taxable income and previously received the ITOC
will pay more in aggregate income and property taxes when compared to FY26.
The
aggregate change is $0 at taxable income of $135,500.
o Filers that report $135,500 to $208,000 will pay less in aggregate income and property
taxes when compared to FY26. The maximum benefit is $58 less in aggregate taxes at
taxable income of $150,000.
o Filers that report more than $208,000 will pay more in aggregate income and property
taxes when compared to FY26
Anonymous
05/09/2026 21:12
Subject: MoCo looking at increasing income taxes for those making above $150K
Anonymous wrote:Anonymous wrote: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/
This is funnier:
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.”
Renters don't need the credit because they don't pay property taxes in the first place. Idiots.
Property taxes are paid from rental income, idiot
Anonymous
05/09/2026 21:04
Subject: MoCo looking at increasing income taxes for those making above $150K
Anonymous wrote:Anonymous wrote: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.
I care. I have to pay for outside tutoring and therapies for my kids as Mcps is a nightmare so that 300 is much better spent on them than more funding for Mcps whose aready cutting staff and other things for next year.
You earn a million dollars per year? Cry harder.
Anonymous
05/09/2026 21:02
Subject: MoCo looking at increasing income taxes for those making above $150K
Anonymous wrote: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/
You and Bethesda Magazine don't understand tax brackets.
Filers reporting $150,001 to $900,000 in taxable income will pay less income taxes in Tax
Year 2027 when compared to the flat 3.2% tax rate in Tax Year 2026.
The tax break will
be reduced to $0 at $900,000 of taxable income
https://www.montgomerycountymd.gov/news/montgomery-update-homeowners-could-pay-higher-taxes-under-new-council-plan-eliminate-tax-credit-fewer-families-experiencing-homelessness-public-safety-progress-silver-spring
Anonymous
05/09/2026 20:57
Subject: MoCo looking at increasing income taxes for those making above $150K
Anonymous wrote:Private tutoring is a privilege. It’s time for the rich to pay their fair share.
We pay under $10 an hour. How is that a privilege especially when your child is struggling?
Anonymous
05/09/2026 20:55
Subject: MoCo looking at increasing income taxes for those making above $150K
Private tutoring is a privilege. It’s time for the rich to pay their fair share.
Anonymous
05/09/2026 20:29
Subject: MoCo looking at increasing income taxes for those making above $150K
Anonymous wrote: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.
I care. I have to pay for outside tutoring and therapies for my kids as Mcps is a nightmare so that 300 is much better spent on them than more funding for Mcps whose aready cutting staff and other things for next year.
Anonymous
05/09/2026 20:23
Subject: Re:MoCo looking at increasing income taxes for those making above $150K
This tax increase will hit many people who makes less than $150k and own a home. People who make less than $150k and own their home will take an even harder hit than people who make $150k.
The income tax relief doesn’t take effect until next year. Property tax bills are due this year. Some people will see 10-20 percent property tax increases as a result of this bill. Increasing rents by that amount is constructive eviction and illegal in this county
The income tax relief doesn’t take effect until next year. Property tax bills are due this year. Some people will see 10-20 percent property tax increases as a result of this bill. Increasing rents by that amount is constructive eviction and illegal in this county
Anonymous
05/09/2026 19:30
Subject: MoCo looking at increasing income taxes for those making above $150K
Anonymous wrote: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.
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.
Anonymous
05/09/2026 19:11
Subject: MoCo looking at increasing income taxes for those making above $150K
Anonymous wrote: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.
+1. We make $300K, so this is $300. In Arlington county right now, they are getting increases well above this amount just for their cars alone, not to mention the increases they're also facing in property taxes.
Anonymous
05/09/2026 18:25
Subject: MoCo looking at increasing income taxes for those making above $150K
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.
Anonymous
05/09/2026 14:34
Subject: MoCo looking at increasing income taxes for those making above $150K
Since you can't really afford to buy a decent house in MoCo is you make under 250 or so now, this is ridiculous.
150k is barely making it here if you actually own property and don't have roommates.
150k is barely making it here if you actually own property and don't have roommates.
Anonymous
05/09/2026 14:29
Subject: MoCo looking at increasing income taxes for those making above $150K
Of course they are. $150k isn’t even that high of an income anymore.
Anonymous
05/09/2026 14:10
Subject: MoCo looking at increasing income taxes for those making above $150K
Anonymous wrote: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/
This is funnier:
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.”
Renters don't need the credit because they don't pay property taxes in the first place. Idiots.
Anonymous
05/09/2026 14:02
Subject: MoCo looking at increasing income taxes for those making above $150K
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/
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/