This page contains a single entry from the blog posted on August 29, 2011 5:09 PM. The previous post in this blog was State says Portland schools broke law in bond measure campaign. The next post in this blog is Yawn -- another MAX stabbing.... Many more can be found on the main index page or by looking through the archives.

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Monday, August 29, 2011

Movin' on up? In Oregon, not so much.

Here's an interesting map. It shows how quickly the population in each state is breaking into the $200,000-plus earnings bracket. Oregon's ranked 44th out of 50. [Via TaxProf Blog.]

Comments (10)

We don't want any greedy rich people in Oregon anyway. Right?

But I can bike to a foodcart!

They're going to have to keep lowering the Measure 66 income thresholds.

If they break out Clark County, WA, it would look much better than Oregon.

I know dozens of wealthy retirees who moved there, many before they retired.

A quote buried in a recent Oregonian article...... "Private and Corporate wealth is leaving the area"

Whoa, there! I thought articles in the NYT were painting a fair rosy picture of things here in New Eden?

Fantasy? Paid advertising? Political propaganda?

The New York Times does not pull any punches in recognizing our state's prolonged economic distress.

Here is a column from last week ranking states in terms of children in food-insecure households. Oregon is second worst, with 29.2% of its children in such households.

That is some shameful s#!+.

If you're retired, why would you move to a state with a sales tax but no income tax?

Because retirement income (pensions, SSI, 401k/IRA withdrawals) are generally taxable. As are stock dividends and income from corporate bonds and CDs.

If you plan on retiring poor, then an income tax is of little consequence. If you plan on retiring rich, it makes all the difference in the world.

Plus, you can shop at Jantzen Beach and Cascade Station and avoid sales tax on just about everything except a car.

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