Reader comment on: Oregon's Millionaire Tax
Submitted by Fred Lee (United States), Dec 22, 2010 18:44
My wife and I got hit by the 'millionaire tax'; with an income of about $400,000 we got stuck with the new 10.8% rate.
Our solution? I moved to Washington. She still works in Oregon, and pays Oregon taxes. I live in Washington, and pay no income tax. Our tax savings is somewhere around $15k per year, which more than pays for the dinky apartment I rent there.
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