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Having no state income tax just became a HUGE benefit to living in Washington.

Posted 09-04-2018 at 08:21 PM by jdhpa


Quote:
Originally Posted by StealthRabbit View Post
My SD trust and LLC's will own my assets (including the ones in WA) (I also have TX, MT, CO and WA LLC's, so not likely to trigger the WA estate tax ).

Doesn't matter much in my case, because it all goes to charities, (did that in our 30's). I am just purposed to keep my donations full value as possible.

WA burden has been business taxes and property taxes jumping from <$3/ day ($800 / yr) to $43/ day on the same ole worn out residence.

BTW: didn't dig the hole and build it brick by brick to SELL it... just hoped to live in it. (In a restricted scenic area, so if cannot be 'replaced' with equivalent. No more homes allowed.

The tax assessor likes it real well. He says his CA parents would be real happy to have it if I lose it in a tax sale.

WA politics / measures / vote & DOR all favor the wage slaves. (Olympia's breadbasket / pig trough)
Washington is one of the few states with an Estate Tax (up to 20%).
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