U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Maine
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 11-19-2013, 11:14 AM
 
Location: Jamestown, NY
7,841 posts, read 7,324,391 times
Reputation: 13779

Advertisements

Quote:
Originally Posted by Submariner View Post
From our experience, our taxes dropped significantly when we moved to Maine.

How your taxes will change will be largely up to you. If you lived in a high tax area before, where you go in Maine, and how you live once your here.

Generations old tribal knowledge here includes the idea that Maine's taxes are the highest in the nation. If you question this, or if you point out how your taxes were higher at a previous home; folks here may become angry at you. Because you are defiling their tribal knowledge.
I think this tribal knowledge permeates most states: locals are absolutely sure that their taxes are much higher than almost everywhere else except NY and California, and some will even trot out "proof".

The same goes for taxes in the US in general.
Reply With Quote Quick reply to this message

 
Old 11-19-2013, 11:56 AM
 
Location: Somewhere in deep in Maine
3,658 posts, read 2,808,340 times
Reputation: 4436
Quote:
Originally Posted by crb01 View Post
I have either misunderstood the Maine tax laws my entire life or your friend is way out in left field in how she deducts her property tax. The amount one pays in property tax comes off your gross income, not the actual tax. This translates to much less off your actual tax. In the example you gave, it may mean a $500 difference, not $2,200. Her total income tax would be $5,000 (hypothetically), not $3,300 as you stated.

Somebody please correct me if I am wrong in this.

All I know, is that it was a credit not a deduction. When I did my income taxes last year, I expected to have to pay as if it was a deduction of a couple of hundred dollars. I expected to pay about $3000 more than I actually did.

I don't know how its done, but my tax program did it, and 7 months later I've not heard anything form Augusta that it was wrong. Figuring backwards, the only way the numbers could have come up that way on the program was if it was a credit not a deduction.

Who knows???? I don't.
Reply With Quote Quick reply to this message
 
Old 11-19-2013, 12:20 PM
 
Location: Forests of Maine
30,677 posts, read 49,423,020 times
Reputation: 19129
Quote:
Originally Posted by Linda_d View Post
I think this tribal knowledge permeates most states: locals are absolutely sure that their taxes are much higher than almost everywhere else except NY and California, and some will even trot out "proof".

The same goes for taxes in the US in general.
I agree.


Now there is 'tax burden'. Which includes all business and corporate tax revenue, it divides that out by population. Trying to imply that the average citizen is paying those corporate taxes.

Maine does have a high 'tax burden'.



Taxes that you actually pay will differ a lot from the 'tax burden', and they differ a lot from township to township.

Reply With Quote Quick reply to this message
 
Old 11-19-2013, 12:22 PM
 
68 posts, read 167,311 times
Reputation: 87
Quote:
Originally Posted by slyfox2 View Post
Who knows???? I don't.
Than you should not be stating it as fact. People will read your earlier post and assume they can deduct their property tax directly from their income tax, this is not the case and can get people in a lot of trouble.
Reply With Quote Quick reply to this message
 
Old 11-19-2013, 12:57 PM
 
Location: South Portland, Maine
2,356 posts, read 5,059,376 times
Reputation: 1519
taxes are subjective and a product of lifestyle.. I would look at my own position where I am living now and then try and make the best comparison I can with respect to ALL taxes... Income, sales, (property??) gas, ect. You might find your taxes do not change much. But, there are other statistics that I might consider also in addition to taxes. I have found pretty consistently the Maine is one of the more expensive places to live when compared to pretty much any of the places I have lived and or travelled too. Our food is more expensive, our gas is more expensive and despite record housing prices south of the border (mass) I have routinely found that the income is so much lower here it outweighs any advantages in the drop in housing costs not to mention quality housing in a good location will still cost plenty in Maine. When I my folks lived in Mass even going to the dentist was more expensive here! And maybe all of this IS because of the states overall tax burden trickling down??

If there is a particular lifestyle you want to afford your self that money can't buy, low crime, slower pace, closer the mountains ect.. then go for it but don't be fooled into thinking your going come to Maine and live a better quality of life monetarily..
Reply With Quote Quick reply to this message
 
Old 11-19-2013, 04:56 PM
 
Location: Northern Maine
9,775 posts, read 14,944,187 times
Reputation: 9588
flycessna is on the right track. If you move to Maine and buy a $350,000 McMansion, drive a Hummer and have a $200,000 motor home you are going to have a heavy tax burden. Your town will love you. If you buy an older farm home for $100,000, drive a used pickup and live more simply you will have a low tax burden.
Reply With Quote Quick reply to this message
 
Old 11-19-2013, 05:50 PM
 
18,347 posts, read 23,510,540 times
Reputation: 34397
Quote:
Originally Posted by bangorme View Post
The tax burden on Mainers has been so often documented here that I'm not going to go through it again. If the OP does a search, he/she will find lots of independent research on the matter. Maine's taxes are very high. Don't let anecdotal "stories" stand in the way of the cold, hard, truth. Those citing "tribal knowledge" as being the source of the research are just trying to trivialize reality and sugarcoat the taxes here.
here's some factual sugarcoating as you say...on property taxes

ive lived in my house for 22 years, i have waterfront, the taxes were 800 yr 22yrs ago now its 1100,

its all in the town you live in- if i lived in the next town over , i'd be paying triple,,

and i live within 15 miles of augusta , the state capitol, not in the northern woods
Reply With Quote Quick reply to this message
 
Old 11-19-2013, 05:51 PM
 
Location: Central Maine
1,472 posts, read 2,700,515 times
Reputation: 1276
Quote:
Originally Posted by Northern Maine Land Man View Post
flycessna is on the right track. If you move to Maine and buy a $350,000 McMansion, drive a Hummer and have a $200,000 motor home you are going to have a heavy tax burden. Your town will love you. If you buy an older farm home for $100,000, drive a used pickup and live more simply you will have a low tax burden.
Which is true, but also true everywhere else. I guess the moral is: Don't move to Maine for low taxes. There are lots of good reasons, but low taxes isn't one of them.
Reply With Quote Quick reply to this message
 
Old 11-20-2013, 07:30 AM
 
Location: Somewhere in deep in Maine
3,658 posts, read 2,808,340 times
Reputation: 4436
You can move to Mississippi for low taxes. But who would want to live in Mississippi?
Reply With Quote Quick reply to this message
 
Old 11-20-2013, 09:55 AM
 
Location: Forests of Maine
30,677 posts, read 49,423,020 times
Reputation: 19129
Quote:
Originally Posted by flycessna View Post
... If there is a particular lifestyle you want to afford your self that money can't buy, low crime, slower pace, closer the mountains ect.. then go for it but don't be fooled into thinking your going come to Maine and live a better quality of life monetarily..
I can not imagine anyone moving here to become wealthy.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2016 data
Loading data...

123
Hide US histogram


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Maine
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

© 2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top