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Thursday, June 23, 2016

Montgomery Co. taxes ranked 3rd-highest in region for most incomes

ROCKVILLE, Md. — Every county likes to be at the top of the list of the best places to live, but how does your county stack up when it comes to tax rates?

The Montgomery County Council Office of Legislative Oversight reported that when it comes to the tax burden on individuals and businesses, the county comes in third for most income levels.

The OLO report released Tuesday compared the tax burden in six jurisdictions: Montgomery, Howard, Frederick and Prince George’s counties in Maryland, Fairfax County in Virginia, and D.C.

For a family of three at various income levels from $25,000 to $150,000, the report shows that Montgomery County’s tax burden is the third-highest in the region at all levels, except for the $50,000 income level, where Montgomery County comes in fifth.

Fairfax County residents have the highest burden at the $25,000 level, while Frederick County residents top the list at the $150,000 level.



Anonymous said...

That's where most if not all the Muslims live!!! Imagine that. I wonder how many are refugees? ?? Lmao.

Anonymous said...

Quite a few 8:44. The reason Montgomery co ranks as one of the wealthiest is because of small pockets of extreme wealth and other areas of high income families like Bethesda and Chevy Chase. Several of this country's wealthiest live in Potomac. Most of Mont Co is dominated by poverty and crime.

Anonymous said...

8:44 I'm sure there are a lot of refugees there. That's a "progressive" county so they will welcome refugees w/open arms. They want everyone to believe it's because they are so "inclusive" but the real reason is they want the cheap labor to keep wages down on domestic positions like housekeepers, gardeners, etc. It will become a badge of honor to say you employ a Syrian housekeeper or a Syrian groom for your string of polo ponies.