State Taxes Too High? Time to Move

Tax planning for high-net-worth clients may need to go beyond federal taxes. Some states have steep income or estate taxes or both.

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Comments (2)
Life is more than a math problem. There's also quality of life. For example, our neighboring city across the river in the State of Washington is the "land of no urban planning" and therefore has no real economy of its own. Hence the vast majority of Vancouverite commute to Portland Oregon from their income-tax-free domiciles. I explored moving over there. But the vehicle registration fees & business "taxes" exceeded my burden here. Plus, the quality of life is superior here.
Posted by Gary D | Tuesday, March 04 2014 at 2:40PM ET
Gary... I sure do agree that "life is more than a math problem" Moving is such a major change; leaving family and friends. In my travels, I've met many who have retired, and moved --- and have been very disappointed.

On the other hand, if you're unhappy where you're living, then by all means "find your ideal place to live".

Posted by Maria M | Saturday, March 08 2014 at 4:20PM ET
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