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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: CalculatedRisk who wrote (26446)3/28/2005 3:39:37 PM
From: Steve Lokness  Read Replies (1) of 116555
 
<Do you have sales tax on homes in Washington? Isn't there a problem with people going to Oregon - don't they have a lower sales tax?>

There is some problem with going to Oregon (as there is to buying online), but it's kind of hard to buy a house in Oregon and work here unless you are close to the border. It use to be that you could buy a car in Oregon and license it there - but that too has been fixed. It is a wonderful way to be taxed (even though as a business owner - I have to mess with it). Every couple of years they try to pass an income tax and every time it gets shot down.

The biggest problem is that there are big swings between lean years and years of abundance. It must not be too bad for big business as MSFT, Boeing, Starbucks and Amazon all call Washington home.

steve
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