Question about moving to NH - Should we consider it?

[Russell Kanning]

There's no "Big Government State Project".

There was one in the 70s and 80s. It's now called "Vermont" (although in NH we prefer the term "control group").

[K. Darien Freeheart]

think state income taxes should be abolished, but you're doing yourself no favors by inventing libertarian fish stories of 25% state income taxes.

I assure you I'm not telling a "fish story". I'll have to relook at my numbers. My Federal witholding and state witholding are roughly equal, but there's also Social Security (which essentially doubles the federal portion, so something is wrong with my numbers at a glance) and medicare. If there's an error, it's due to human error, not exageration.

[K. Darien Freeheart]

For tax year 2007, the Maryland income tax rate is set at 4.75 percent and it applies to the taxable income of residents and nonresidents who derive income from a Maryland source. Nonresidents are subject to a special nonresident tax rate of 1.25 percent, in addition to the 4.75 percent rate, for an effective tax rate of 6 percent.

I'm a Maryland Resident who derives my full income from a non-Maryland source, as is my wife. It may or may not matter to my overall numbers, but I'm not covered by that line.