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Personal Finance Topics / Retirement Investing
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Author: intercst   😊 😞
Number: of 1171 
Subject: Re: Taxes and Retirement
Date: 02/28/26 9:51 PM
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I moved from Texas to Washington State (just across the Columbia River from Portland OR) 20 years ago.

Both Texas and Washington state lack a state income tax.

Texas and Washington have similarly high state sales taxes, but if you live close to the Oregon border, there's no sales tax in Oregon. (Of course, if you buy a boat or an automobile in Oregon, you'll pay Washington sales tax when you register it in the state.)

Real estate taxes are half or less in Washington vs. Texas.

And the real eye opener -- my mortgage sized monthly health insurance premium in Texas dropped by 60% upon moving to Washington. (The state insurance commissioner in WA State is an elected official accountable to the voters. In Texas, the insurance commissioner is appointed by the Governor and is typically a former insurance industry lobbyist.)

intercst
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