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Author: ascenzm Big gold star, 5000 posts Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 749386  
Subject: Re: Inexpensive places to live Date: 6/8/2005 8:44 AM
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Vermont is also rather kind to retired or lower income people, with tax breaks for us. For example, maybe a third of our property taxes actually end up being returned to us by the state, as a function of our income. (Maybe 90 percent of our property taxes go to the state, who then reapportions out money for education statewide. They then rebate some to folks like us on Social Security, or who otherwise have lower icnomes, but who pay property taxes.) By the way, the tax rate is a LOT lower for your primary home or "homestead" here; out of state or second home owners here pay about 50% higher property taxes.


Vermonter,

From your description, Vermont does sound like a very nice state and one state that I regretfully have not visited. How is the snow fall in the winter? A friend moved from Pittsburgh to New Hampshire to take a new job. He reported back from New Hampshire about his driveway being covered by lots of snow in the winter. He had walls of snow on either side of his driveway that were taller than his cars. He's now living in South Carolina.

Sounds like when you live in Vermont, you either need a strong back or a good snow blower. Of course, when you're retired, you don't have to be a hurry to shovel snow (no need to get to work). <g>

I don't like hot, humid weather so I'd probably like Vermont's weather. If I was retired, I'd be in no hurry to shovel the snow.

Regards,

Mike
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