SRT

Head of the Lakes, MN

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Joined: 02/18/2001

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I see that Minnesota needs some representing . 6.5% state sales tax (not clothing or food). Many cities add onto the sales tax (one suburb is up to 8.5%). Income tax - don't remember the percentage. Bed and prepared food tax to catch the out-of-towners. I'm sure there are some additional fees lurking about.
The states are complaining about the drop in tax revenues. The cities are complaining they are not getting there usual $$ from the state. The cities are raising water and gas rates along with the property taxes. Duluth has added a street light fee to the residents (we live about 2 miles from the city limits). But the school board is on a multi million dollar school upgrade that the citizens didn't have a chance to vote on. So the school district has increased their part of the property taxes.
Over a large number of years the city and county have ignored the replacing of roads and streets. There are patches on patches with a bad effect on your vehicle.
But tax money from you'all have replaced some of the bad roads. So how is the infrastructure in your area??
SRT
2000 32' HR Vacationer with Banks
1998 Subaru Outback Ltd. 5 spd
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Bumpyroad

Virginia

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Joined: 12/01/2005

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I asked a friend who lives in OK and her response was "Yeah, when TX succeeds we're moving across the state line."
I sort of question the accuracy of that chart referenced. For MD a couple with $60 K of income would be taxed about $1300? at a tax rate of at least 7.5% that would mean about 17,000 of taxable income or deductions/exemptions of 43K? seems excessive to me.
bumpy
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Johno02

Lexington, TN USA

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Joined: 10/15/2004

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We are currently in West Tennnessee, and from what I read, will probably stay here. Lower prices and taxes, especially in rural areas away from cities, reasonable power rates. if we could just annex Memphis into Arkansas or Mississippi, all would be well. Mississippi can have Memphis for free!
Noel and Betty Johnson
'99 Hurricane 2007 HHR 1 wife, 2 1/2 dogs
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OnSafari

Alabama

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Joined: 03/28/2009

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Bumpyroad wrote:
I asked a friend who lives in OK and her response was "Yeah, when TX succeeds we're moving across the state line."
I sort of question the accuracy of that chart referenced. For MD a couple with $60 K of income would be taxed about $1300? at a tax rate of at least 7.5% that would mean about 17,000 of taxable income or deductions/exemptions of 43K? seems excessive to me.
bumpy
Maryland bases taxes on federal adjusted income. Additionally it does not tax Social Security and gives seniors (over 65) an additional $1000 deduction each. There is also a tax credit for taxable pension and retirement annuity (calculated) for those who receive less than $24K (per person) from social security.
Maryland also has a graduated income tax starting at 2% going up to 6.5%.
So the figure seems reasonable to me.
1991 Safari Ivory Hi-Tech DP
2008 Ford Escape 2009 RAV4
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Chuck - Vietnam Vet, USMC
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smkettner

Southern California

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Joined: 03/21/2005

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lynndiwagon wrote: Look folks, the State has to make money some how to pay for services inacted by representatives and demanded by a majority of the residents. If we don't like it then we need to take appropriate actions.
This is part of what has doomed the CA budget. Every special interest puts a bond initiative on the ballot for some feel good project and the residents vote it in. Well now the bill is due and the people wonder why the taxes and user fees are going up.
I wish every bond initiative would include the amount of extra tax needed to pay for it right on the initiative. Just check the box below your yes vote to increase your property tax, sales tax, income tax, or user fees at the voters choice. People want to play and not pay.
2001 F150 SuperCrew
2006 Keystone Springdale 249FWBHLS
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topflite51

In The Desert of Nevada

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Joined: 05/13/2004

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I think when a person is ready to retire, there are more issues to be considered than just taxes.
Health insurance rates? Ours are significantly higher here than they were in WA.
Auto and home insurance? Higher here than WA.
Food? In general, higher here than in WA.
Health care? The pits in NV. If you need quality care, best go elsewhere.
Sunshine? No comparison. Nevada all the way. 
If it wasn't for DW wanting to be closer to her family in CA, we would move tomorrow to Arizona. That choice has nothing to do with costs.
David
Just rolling along enjoying life
w/F53 Southwind towing 87 Samurai looking to golf or fish
Simply Despicable
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Bumpyroad

Virginia

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Joined: 12/01/2005

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OnSafari wrote: Bumpyroad wrote:
I asked a friend who lives in OK and her response was "Yeah, when TX succeeds we're moving across the state line."
I sort of question the accuracy of that chart referenced. For MD a couple with $60 K of income would be taxed about $1300? at a tax rate of at least 7.5% that would mean about 17,000 of taxable income or deductions/exemptions of 43K? seems excessive to me.
bumpy
Maryland bases taxes on federal adjusted income. Additionally it does not tax Social Security and gives seniors (over 65) an additional $1000 deduction each. There is also a tax credit for taxable pension and retirement annuity (calculated) for those who receive less than $24K (per person) from social security.
Maryland also has a graduated income tax starting at 2% going up to 6.5%.
So the figure seems reasonable to me.
that 2% is only on the first $3,000 income, IIRC, and that amounts to $90 and the rest is more. 5% is pretty much it plus 2 1/2% additional in most counties. so you can basically figure 7.5 % state tax.
bumpy
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Samarai

Spring/Grapeland Tx

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Joined: 11/20/2005

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targaboat, for the most part you are right about Texas taxes. Just stay away from Harris County, unless you want to pay really high property taxes.
I filed a protest on my property taxes and they mailed me my appointment for the protest 3 days after the appointment date. They wouldn't even talk to me about resheduling the appointment.
Bill/L'l Lulu & Mago Chan
Casita SD 17'/Chevy Express Van/Whites V3 MD
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westernrvparkowner

montana

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Joined: 11/29/2008

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Don't forget the creative ways to avoid some taxation. For example, northern Wyoming in becoming very popular for retirees. No income tax, reasonable property tax and the nearest major shopping is in sales tax free Montana. Also, consider property costs when looking at property taxes. $200,000 doesn't buy much home in some parts of the country while it buys top of the market elsewhere. A low rate won't help you if you need to spend a Million dollars for a cracker box.
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Cloud Dancer

San Antonio and Livingston TX USA

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Joined: 06/08/2001

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I hire a specialist to protest my property taxes, every year. My property tax is fixed at $3,200 (senior citizen), but I keep trying to get them to devalue my house.
We're on social security, medicare plus AARP supplement. Our modest portofolio and real estate investments allows us to do some RVing, camping/fishing mostly.
I truly enjoy the benefits of living here in this city, it sure has lots to offer,...some of it is free (kinda).
I wonder if we'll be able to afford it, if we die here I mean.
Willie & Betty Sue
Miko & Sparky
2003 41 ft Dutch Star Diesel Pusher/Spartan
Floorplan 4010
Blazer toad & Ranger bassboat
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