Anonymous wrote:
Anonymous wrote:
Anonymous wrote:For someone wanting to actually get a start on figuring out their tax burden in different jurisdictions, this would be good reading:
https://www.arlnow.com/2019/02/19/ask-eli-does-virginia-washington-dc-or-maryland-have-the-most-favorable-taxes/
Kind of stupid to simply say -- Maryland has a county tax, just add up that county tax, and you'd pay that much less in VA. That's like saying, Florida has no income tax, so you'd save 100% in state taxes by moving to Florida.
Tbh though it is a pretty good heuristic. It is very very hard to end up paying MORE tax in Nova than MoCo unless you waayyyyy overspent on your car. I make 400k and have 180k in cars and I still save $10k on my taxes in Nova than when I lived in Chevy Chase
Totally fuzzy math, but believe what you want. Taxes are so complicated, so it's always hard for folks to actually run the numbers to get a true comparison (e.g., you say nothing about your property taxes). Your scenario is actually pretty similar to one in that blog post ("Chris"), and the difference is nowhere close to 10K. VA probably does have the lowest total taxes for high earners, but if you're making $400K, choosing where to live based on a difference of $4000 is a bit silly to me. But sure, if everything else is equal, then by all means, save that extra $4000 and live in VA.