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Senior Housing: States Lure Retirees with Tax Breaks
States that aren’t tax-friendly to retirees are making some changes to keep their seniors from moving away. Maryland is one of them. The governor says that high taxes are driving seniors to places like Florida which is the most tax-friendly state in the nation for all age groups. But the tax situation is especially important for people trying to stretch their retirement dollars, and there are big differences in the kinds of tax breaks you get from each state.