I had to laugh when the article said Virginia is friendlier to tax-conscious seniors. For the privilege of living here I pay 5.75% state income tax on every dollar of my SURS pension. Had I remained in Illinois I would be paying zero, although admittedly my property tax could be higher if I owned a home. Just goes to show that everyone’s situation is different based on home ownership, consumption patterns, amount of income, composition of income, etc. States that are tax friendly for some retirees can be very unfriendly for others.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
I had to laugh when the article said Virginia is friendlier to tax-conscious seniors. For the privilege of living here I pay 5.75% state income tax on every dollar of my SURS pension. Had I remained in Illinois I would be paying zero, although admittedly my property tax could be higher if I owned a home. Just goes to show that everyone’s situation is different based on home ownership, consumption patterns, amount of income, composition of income, etc. States that are tax friendly for some retirees can be very unfriendly for others.