Governor Youngkin's Visionary Step: Eliminating the Double Tax on Virginians' Vehicles

[Anonymous]

Please get rid of this, dems need to get behind it or they will loose bigly

[Anonymous]

Anonymous wrote:

Anonymous wrote:If you know about Virginia gov’t and politics, you know how hard the legislature has made it for local authorities to find any way to raise the revenue for local amenities. So we wind up with fights over tiny sales taxes that don’t pass.

And yet the Governor, who knows about these things, expect Alexandria to backstop his arena deal?

I never said he was smart

[Anonymous]

Anonymous wrote:

Anonymous wrote:

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Anonymous wrote:I don't like the car tax because it changes your bill so much as cars age and new cars are purchased. At least with a property tax, income tax, sales tax, you don't get wild fluctuations. It's hard to plan for.

Isn't is based on the value of the car, so it would go down as the car gets older? You can keep it low by keeping the same car. Why would it fluctuate?

Because if your old car breaks down or you get into an accident you need to buy a new car. Now your tax bill skyrockets overnight. You need to readjust your entire lifestyle to now accommodate a very expensive and regular tax that might have gone up several hundred percent because you bought a new car.

No one says you have to buy a new $50K or $100K car. The tax is negligible on a $20K car.

You are soooooooo out of date. Average cars for a family are now running $40-50k. A friggin minivan is now almost $50k. $50k cars aren't fancy anymore.

And why does one NEED a brand new car or SUV? Unless you are buying Tesla or a Rivia, most vehicles haven’t changed much in the past decade. A 5-year old Subaru Forester is functionally and aesthetically similar to the current model (similar engines, interior, CarPlay and Android Auto, etc.) and goes for $20-23K.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I don't like the car tax because it changes your bill so much as cars age and new cars are purchased. At least with a property tax, income tax, sales tax, you don't get wild fluctuations. It's hard to plan for.

Isn't is based on the value of the car, so it would go down as the car gets older? You can keep it low by keeping the same car. Why would it fluctuate?

Because if your old car breaks down or you get into an accident you need to buy a new car. Now your tax bill skyrockets overnight. You need to readjust your entire lifestyle to now accommodate a very expensive and regular tax that might have gone up several hundred percent because you bought a new car.

No one says you have to buy a new $50K or $100K car. The tax is negligible on a $20K car.

FX cut 10% off the value for 2023 since the spread between new and used decreased. FX 4.57. No value reduction ARL 5. One vehicle we looked at was a small SUV- 31k new with 36 and 50k miles warranties, zero percent financing. Used with 25k miles was 29k and no great warranty or financing. 123k miles was 15k.

Tax on a 20k vehicle is not neglible for people on budgets. One thing Youngkin wants to do is lower incme tax rates which is significant for those people on budgets. Currently 17k begins the 5.75% and the proposal is to lower all brackets. There would be new taxes on digital content/goods, enhanced state EITC. That digital reflects current conditions like me not buying a cd for programs/apps and downloading. ie Netflix streaming provider is not taxed. If I buy a CD on amazon it's taxed but a streaming purchase or rental is not taxed.




You are soooooooo out of date. Average cars for a family are now running $40-50k. A friggin minivan is now almost $50k. $50k cars aren't fancy anymore.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I don't like the car tax because it changes your bill so much as cars age and new cars are purchased. At least with a property tax, income tax, sales tax, you don't get wild fluctuations. It's hard to plan for.

Isn't is based on the value of the car, so it would go down as the car gets older? You can keep it low by keeping the same car. Why would it fluctuate?

Because if your old car breaks down or you get into an accident you need to buy a new car. Now your tax bill skyrockets overnight. You need to readjust your entire lifestyle to now accommodate a very expensive and regular tax that might have gone up several hundred percent because you bought a new car.

No one says you have to buy a new $50K or $100K car. The tax is negligible on a $20K car.

You are soooooooo out of date. Average cars for a family are now running $40-50k. A friggin minivan is now almost $50k. $50k cars aren't fancy anymore.

And why does one NEED a brand new car or SUV? Unless you are buying Tesla or a Rivia, most vehicles haven’t changed much in the past decade. A 5-year old Subaru Forester is functionally and aesthetically similar to the current model (similar engines, interior, CarPlay and Android Auto, etc.) and goes for $20-23K.

There are only so many used cars available. The general level of car prices has increased enormously in the last three years. It can’t be escaped. Everyone can’t suddenly start buying only the cheapest of used cars.

[Anonymous]

Anonymous wrote:This thread is proof positive Democrats loooooove taxes. Is there a tax Dems have ever not loved and a tax they've never claimed that were beneficial for you?

Consumption taxes are a Republican thing.

[Anonymous]

This tax is awful for everyone, even cars under 20K

[Anonymous]

Anonymous wrote:Please get rid of this, dems need to get behind it or they will loose bigly

lol Republicans are god dammed traitors to the US they love the idea of Magadonia and someone being king bec they are stupid

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I don't like the car tax because it changes your bill so much as cars age and new cars are purchased. At least with a property tax, income tax, sales tax, you don't get wild fluctuations. It's hard to plan for.

Isn't is based on the value of the car, so it would go down as the car gets older? You can keep it low by keeping the same car. Why would it fluctuate?

Because if your old car breaks down or you get into an accident you need to buy a new car. Now your tax bill skyrockets overnight. You need to readjust your entire lifestyle to now accommodate a very expensive and regular tax that might have gone up several hundred percent because you bought a new car.

No one says you have to buy a new $50K or $100K car. The tax is negligible on a $20K car.

You are soooooooo out of date. Average cars for a family are now running $40-50k. A friggin minivan is now almost $50k. $50k cars aren't fancy anymore.

And why does one NEED a brand new car or SUV? Unless you are buying Tesla or a Rivia, most vehicles haven’t changed much in the past decade. A 5-year old Subaru Forester is functionally and aesthetically similar to the current model (similar engines, interior, CarPlay and Android Auto, etc.) and goes for $20-23K.

There are only so many used cars available. The general level of car prices has increased enormously in the last three years. It can’t be escaped. Everyone can’t suddenly start buying only the cheapest of used cars.

This. We spent a year trying to find a decent deal on 2 used vehicles-one for my husband and one for our new teen driver.

In the end, my husband flew to Chicago to get the pre-owned vehicle he wanted, we never did buy a new vehicle for our teen but the car (the one that had been my husband’s) she was driving died on us and we were stuck having to lease another vehicle for me while she drives the mazda5 I had been driving for many years. And unfortunately, yes, we DO need 3 vehicles

Car shopping blows and it really is a game of luck at this point

[Anonymous]

Anonymous wrote:If you know about Virginia gov’t and politics, you know how hard the legislature has made it for local authorities to find any way to raise the revenue for local amenities. So we wind up with fights over tiny sales taxes that don’t pass.

And in the real world, the Virginia legislature has made it easy for localities to create new taxes.

https://www.potomaclocal.com/2022/04/25/prince-william-supervisors-set-to-approve-tax-hikes-for-residents-restaurant-customers-tuesday/

Recently, Virginia’s General Assembly passed a law that allows local governments to set a meals tax of up to 6% without asking voters for permission through a referendum.

I know what Fairfax County will be passing in the new year.

[Anonymous]

Keep the car tax, but let me itemize my state taxes while I take the standard deduction on federal taxes. IMO, that is the biggest donut for middle-class families.