I am pretty sure what they did is illegal.
Ok, so dying to know - WHERE DO YOU LIVE?
Not that I would want to send them a nasty email or anything.
The ultimate solution for places with an affordable housing "problem".
Too bad the Federal Govt is planning to seize your 401K and turn it into another wealth transfer scheme. What your city did on a small scale, the federal govt is proposing to do on a nationwide scale.
Reagan was all so correct, ‘Whatever you tax more you get less of it’. Idiot lunatics in govt. never learn!
Glad you were able to stick it to them.
Starve the beast!
bump
401k money is protected by federal law. There should be no one taking tax during the deferal period. I suspect that a huge stink could have been made about this. Your company should have stood on some toes!
Cities and municipalities are getting really greedy. My son lives in Alexandria, Va. and has to pay a property tax on his car. Seventy five dollars a year.
Wow. A city that taxes you on your income? That’s worse than here in libtardia Wisconsin, a long-time Tax Hell.
We have horrible property taxes (real estate).
I have never heard of another city doing what your’s did.
Like a previous poster said, it doesn’t even sound legal, especially taxing 401k money.
Glad you left them in the dust.
Congratulations on your victory. I expect that my choice of residence will be strongly influenced by local tax issues as well. It’s gear-shifting time in my life, and my present primary residence is comfortable and convenient, but I’m seeing a huge trend towards this type of thing with my local government, and I’m not going to participate.
Thus - the reason Texas is fairing pretty well in this nasty recession... business climate is good. We have an 8.25% sales tax - but as you know broad based taxes are best - everybody pays - no exemptions for favored groups - except non profits.
Best of all - Texas has NO INCOME TAX - nada, zero, zip, zilch..
I read that 2000 people are moving to Texas a month... wonder why?
Just another day in Kleptistan, I mean America.
Government greed knows no bounds.
tell your friends to say that they are homeless....
like someone said...starve the beast.
“these idiots don’t realize that by raising taxes, they will keep the drug problem and lose the quality residents.”
they can change the name of the town to ACORN, Ohio.
Good job, the principle and personal satisfaction is definitely worth the cost of your move.