Quote:
Originally Posted by jyl
Presumably, in retirement your spending basically equals your income.
So I'm not sure why there will be any tax related reason to favour one state or another, for many retirees.
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In a sales tax state, we don't pay sales tax on:
Insurance payments
Property Tax
House payment
car payment
IRS
IRA contribution
SS deduction
Most Ebay (online) purchases
Investments
Health insurance
Food
Fuel
Vehicle registration
In the mid '80's, my parents moved from Sequim to Oregon to be near my sister and avoid certain WA taxes.....10 years later they moved back totally due to Oregon's high property Tax and their income tax.....YMMV.....