RECENTLY ON TOL:
- A tumblr site dedicated to the people and places that make up Oregon and Southwest Washington.
I'm retired in Oregon and earn ~$45K/year from my saved investments. It's my own personal 'social security'. So not all people paying capital gains tax are 'rich'.
Presently I'm sitting on $200K of unrealized gains, however Oregon will not see any of that as I will simply move to Washington when it comes time to realize my gains. If there was a more reasonable tax of around 5% then maybe I would stay and realize it here. It's Oregon's loss all around.
posted 2 years, 1 month ago
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