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06-26-2011, 10:22 AM
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#2
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Senior Member
Trailer: 1979 13 ft Boler and 1987 Bigfoot 5th Wheel
Posts: 2,025
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Very interesting!
__________________
1979 Boler B1300 | 1987 Bigfoot 5th Wheel | 1988 Bigfoot 5th Wheel | We officially have a collection!
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07-04-2011, 10:29 AM
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#3
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Senior Member
Trailer: 84 16 ft Scamp
Posts: 725
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While it is good to consider taxes when deciding on a move, I would tend to put that aspect on a lower level than other reasons, such as weather, distance to kids, health care access, crime rate, etc. However one should not ignore it.
Another thing is the charts don't always tell the whole picture. Recently we considered moving further south to Oregon. If we were to do so, our retirement income would be subject to state income tax, where it is not in Washington. Further investigating this I found that the date of one's retirement affects the percentage. In my case, it makes retiring in Oregon very attractive, tax-wise. YMMV.
Are we ready to move? Ummmm. Nah! At least, not yet!
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07-04-2011, 01:28 PM
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#4
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Senior Member
Name: jim
Trailer: 2022 Escape19 pulled by 2014 Dodge Ram Hemi Sport
Pennsylvania
Posts: 6,710
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Tax avoidance is legal, tax evasion is not. There is nothing improper making decisions that will have an impact on your taxes, you need to become knowledgeable in state and local taxes. Although Pennsylvania state is a friendly retiree state, it's archaic school and property taxes are very high. My local taxes are double what it would be elsewhere. In the end, we all have to pay taxes or fees or high trash/water/sewerage just to own a home that is declining in value! That is another reason people are full timing and giving up home ownership.
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07-30-2011, 05:04 PM
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#5
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Senior Member
Name: Francesca Knowles
Trailer: '78 Trillium 4500
Jefferson County, Washington State, U.S.A.
Posts: 4,669
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Washington is such a retiree-friendly State that a few years ago it got involved in a tussle with the State of California over its (Cal.'s) taxation of moneys earned in that State by retirees "living" in Washington State. Outcome of the battle unknown.
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07-30-2011, 05:22 PM
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#6
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Senior Member
Trailer: Scamp
Posts: 7,056
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Quote:
Originally Posted by Donna D.
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Hmmm, Wonder why Oregon is No. 4 on the tax unfriendly states. I know the chart and data are aimed at people making more than $250,000 per year in retirement income. A small percentage of retirees I would imagine.
Since I don't make any where near that, this Oregonian is in a pretty good place.
__________________
Byron & Anne enjoying the everyday Saturday thing.
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07-30-2011, 11:15 PM
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#7
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Senior Member
Trailer: 1988 16 ft Scamp Deluxe
Posts: 25,710
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Oregon doesn't have a sales tax, just an income tax. Triple-check to see if your retirement "income" would be taxed in Oregon before you move here! Remember in retirement, its not about what you earn (including taxes) but what you SPEND.
__________________
Donna D.
Ten Forward - 2014 Escape 5.0 TA
Double Yolk - 1988 16' Scamp Deluxe
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08-02-2011, 07:28 AM
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#8
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Senior Member
Trailer: 84 16 ft Scamp
Posts: 725
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Several years ago when I looked into possibly moving to Oregon because my kids lived there at the time, your date of retirement was a used in your income tax calculations. I just happened to have an official retirement date that made residing in Oregon very attractive, tax wise.
The kids weren't settled yet and moved on. There's also the possibility that Oregon has, or will, make tax law changes that would remove the advantage. Then there's also a possibility that if they do, they will 'grandfather' in the rates for those already enjoying the benefits. Who knows?
The reason I mention this is because most times those retirement charts are based on some assumptions that don't apply to one's individual case, as others have mentioned above. I don't know of any one place where all the info is located, but usually each state has a web site that deals with taxes. What I did was to download the forms and stick my personal data in, as if I were actually living in Oregon and paying the taxes. Tedious, but probably the only way to really know.
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03-31-2013, 07:12 AM
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#9
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Senior Member
Trailer: 2000 16 ft Casita Spirit Deluxe
Posts: 170
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Why not Florida a good choice?
Weather is great most of the year. We have NO state income tax. Sales tax where I live is just 6% on what I buy, which isn't that much anymore. No sales tax on food. My property taxes have been increasing, though.
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03-31-2013, 07:17 AM
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#10
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Senior Member
Name: jim
Trailer: 2022 Escape19 pulled by 2014 Dodge Ram Hemi Sport
Pennsylvania
Posts: 6,710
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As the federal government shrinks, the states and local governments will have to find other sources of revenue!!
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03-31-2013, 07:34 AM
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#11
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Senior Member
Trailer: No Trailer Yet
Posts: 5,112
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Michigan started taxing pensions and also reduced a rebate for low incomes on real estate taxes.
I have my eye on Vancouver, WA.
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03-31-2013, 07:46 AM
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#12
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Senior Member
Name: Norm and Ginny
Trailer: Scamp 16
Florida
Posts: 7,517
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WA has a high sales tax and regulations on everything. It takes an act of the state to cut down a tree on your own property.
I do admit WA is a visually attractive state. I guess I'm use to no sales tax.
__________________
Norm and Ginny
2014 Honda Odyssey
1991 Scamp 16
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03-31-2013, 07:51 AM
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#13
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Senior Member
Name: Norm and Ginny
Trailer: Scamp 16
Florida
Posts: 7,517
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Another benefit of NH is the lowest crime rate in the USA, not to mention low unemployment, high SAT scores, no sales tax and no income tax.
__________________
Norm and Ginny
2014 Honda Odyssey
1991 Scamp 16
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03-31-2013, 08:02 AM
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#14
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Senior Member
Trailer: No Trailer Yet
Posts: 5,112
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Quote:
Originally Posted by honda03842
WA has a high sales tax and regulations on everything. It takes an act of the state to cut down a tree on your own property.
I do admit WA is a visually attractive state. I guess I'm use to no sales tax.
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I was planning to shop in Oregon with no sales tax, just across the border.
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03-31-2013, 08:03 AM
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#15
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Senior Member
Name: jim
Trailer: 2022 Escape19 pulled by 2014 Dodge Ram Hemi Sport
Pennsylvania
Posts: 6,710
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Another benefit of NH is the lowest crime rate in the USA, not to mention low unemployment, high SAT scores, no sales tax and no income tax.
__________________
Norm and Ginny
But they have you !!!
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03-31-2013, 08:06 AM
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#16
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Senior Member
Name: jim
Trailer: 2022 Escape19 pulled by 2014 Dodge Ram Hemi Sport
Pennsylvania
Posts: 6,710
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Quote:
Originally Posted by Thomas G.
I was planning to shop in Oregon with no sales tax, just across the border.
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Years ago that happened a lot, but the states have stepped up enforcement in those areas and now look at sales taxes on internet sales, the states are reaching out for untaxed sources.
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03-31-2013, 08:12 AM
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#17
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Senior Member
Name: Mike
Trailer: 93 Burro 17 ft
Oklahoma
Posts: 6,025
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The truly money-motivated retiree may find an affordable domicile in Ecuador or Costa Rica. Very low cost of living, affordable health care, lots of fresh edibles in the markets.
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03-31-2013, 08:17 AM
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#18
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Senior Member
Name: jim
Trailer: 2022 Escape19 pulled by 2014 Dodge Ram Hemi Sport
Pennsylvania
Posts: 6,710
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becoming an expatriate has it's risks in losing everything overnight with a government overthrow and you are still subject to US taxation, but your money travels further there.
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03-31-2013, 08:20 AM
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#19
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Senior Member
Trailer: No Trailer Yet
Posts: 5,112
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Quote:
Originally Posted by cpaharley2008
Years ago that happened a lot, but the states have stepped up enforcement in those areas and now look at sales taxes on internet sales, the states are reaching out for untaxed sources.
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Is there a customs / immigration check point on the Oregon - Washington border ?
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03-31-2013, 10:05 AM
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#20
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Senior Member
Trailer: Trillium 4500
Posts: 2,050
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Quote:
Originally Posted by Thomas G.
Is there a customs / immigration check point on the Oregon - Washington border ?
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No but if you've ever sat in traffic crossing that bridge you'll think twice about "routinely" crossing it for shopping LOL! The only real advantage is on big ticket items and how many of those do you buy? Food isn't taxed in Wa.
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