Recent comments in /f/Maine

watch1_ott1 t1_jbe57et wrote

Yeah, it's pretty bad.... do any retirement planning or investigation into best places to retire from a financial perspective. Look at this link... Maine is squarely in the worst tax category of all 50 states. "States that offer minimal to no retirement income tax benefits. These states also do not have particularly friendly sales, property, estate and inheritance tax rates."

https://smartasset.com/retirement/retirement-taxes

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meowmix778 t1_jbe54e9 wrote

I lived in NH most of my life sans the last 8 or so years. No. We just pay taxes differently. There's two big lies you're brainwashed into believing in NH

  1. its super duper free all the time always
  2. low taxes bayyyybeeeee

And its just not true. Real estate taxes are staggering. My brother and mother both live in smaller houses than me , in worse towns and pay taxes orders of magnitude higher than me.

The other big one is that infrastructure is embarrassingly underfunded. Even if the maine taxes are net more expensive we get waayyyy more and our state is far superior.

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JayhawkInMaine t1_jbe3xxz wrote

As an adult I’ve lived in FL, TX, MD, TN, GA, & now ME. I’m convinced that total taxes you pay are about the same if you’re a homeowner. A renter might see a difference in taxes paid, but not necessarily in expenses incurred.

My last location before ME was GA. In GA, no excise tax on vehicles & slightly different state income tax structure, but sales tax is 2.5% higher on all purchases. Also millage rate on property taxes is higher.

So the state’s still going to get their money.

FL, TN, & TX had no state income tax, but property & sales taxes made up for it.

MD had taxes on everything & everything was more expensive, so total out of pocket total was higher, but salaries were higher also.

Red state/Blue state/Purple state didn’t seem to matter to me. They’re all going to figure out how to get your money for their projects & blame the shortfall on someone else.

That’s just my experience anyway.

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JimBones31 t1_jbe36hj wrote

I moved here from Massachusetts for school and then ended up meeting and marrying my wife and staying here. Taxes are taxes. No complaints from me. Hell, I'd probably raise them for some.

Edit: given my income bracket and stance on taxes, I'd be increasing my own taxes.

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NatureOk7726 t1_jbe2mi1 wrote

Mainers get so much more back from taxes than NH residents do. Just look at cooky ‘free stater’ BS and lack funding for schools. Tell me making $38k as a teacher in NH is better. Even in rural districts in Maine pays new teachers more!

Sure you pay some income tax, but property taxes in NH are so insanely high (where they cash out) that living in western ME and grocery shopping in NH you probably make out way better lol

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siebzy t1_jbe1jot wrote

No, your co-workers from New Hampshire are brain washed right wing idiots with one (bad) joke.

Some taxes in Maine are higher than in NH (income, general sales). Other taxes are higher in NH (property taxes especially, but also "rooms and meals"). Overall, they end up tying out pretty similar depending on how exactly you do the math and what you do or don't include.

The classic joke is the guy who works in Boston but moves to NH for lower taxes. He gets wrecked because he then has to pay both MA income tax and NH property tax.

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