Originally Posted by
TheHen
I'm a little surprised that so many of my age peers express such an obsession with avoiding taxes in retirement. When we were young and our nation was an economic leader, the top marginal federal income tax rate was something like 80-90% (under Ike). It is now in the mid 30s, and is functionally less since capital gains are taxed at half that rate. Are we really such a selfish generation that we resent paying anywhere near our fair share?
I am disturbed that state and local tax rates are a concern at all when one is choosing a place to retire. I want an educated citizenry, worthwhile cultural events, enjoyable places to ride, space to garden (even if I don't own it), young people who have plans and the means to at least have a shot at achieving them. clean water and air and reasonable public transit. I know these things aren't free and I expect to pay taxes so that they can exist.
I'll get off my soapbox now. Sorry if I offended anyone but I couldn't let only the one side be heard.
For us it is simply this: The pendulum of government policy swings back and forth - usually to extremes before returning to a more moderate stance. It seems to us that those pendulums, in many parts of the country, have swung far to the extreme of profligate spending unsuccessfully supported by increasing tax burdens.
As someone who has seen a lack of personal responsibilty ravage many families, with governments rallying more and more "services" to tend the foibles of the irresponsible, we are ready to go somewhere where we can help the truly unfortunate learn the joys of self reliance and personal responsibility.
There can be no question that responsible, well run government can dramatically raise the quality of life for any community. But that concept seems to have been left by the wayside in many areas of the country.
Sorry if
"I" offended anyone.