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Fairfax County Public Schools (FCPS)
The current retirement program (for the last 14 years) is very similar to a 401(k). Teachers contribute and there is a matching percentage from the state. |
https://www.erfcpension.org/ |
Seems like there is a pension and one can contribute to a 401k like program in addition. A lot of tax payers money goes to pensions. |
I cannot speak for everyone who supports adopting a meals tax in Fairfax County, but I can say I don’t understand how those who plead they cannot afford more meals taxes would be opposed to a tax where the citizens of Fairfax County raise $1 for every 70¢ they spend. To me, that seems like a really good deal. The attacks I see against adopting a meals tax tend to be based on speculation of what the Board of Supervisors would do if they adopted a meals tax. I hear claims that the Board of Supervisors won’t lower real estate taxes or will just raise them. But these seem irrelevant to me. The Board of Supervisors has the authority to leave the real estate tax rate untouched, raise the real estate tax, or lower the real estate tax rate regardless whether they have adopted a meals tax. And it’s not like they don’t have any political incentives to try lowering the real estate tax rate as much as possible. Paying less in taxes is generally rather popular among tax payers. But when the main source of revenue comes from real estate taxes with little diversification, it is difficult to make the popular move of lowering or at least maintaining real estate tax rates, especially if those revenues are not growing quickly enough to maintain essential or popular county government services. Diversifying those tax revenues—especially with a tax that provides a built in 30% discount to Fairfax County residents—would give the Board of Supervisors more flexibility in decision-making related to real estate taxes. It just strikes me as a no brainer and I have a hard time understanding why a portion of Fairfax County residents are so dead set against this tax diversification option. It’s really not a matter of not being willing to understand opposition as a matter, given the arguments that have been made against a meals tax, of being capable of understanding the basis for opposition. |
Long word salads in some threads. Simplify - no meal tax, flat real estate tax. How does taxes increase more than my pay increase which is not annual anymore? Voting for no meal tax or any new taxes period. |
Meals tax = cheap tax revenues (30% discount) Real estate tax = expensive tax revenues (0% discount) Meals tax plus real estate tax better than real estate tax alone. |
Not sure if the my note wasn’t clear. No new or tax increase is the message. Work with what is there and manage priorities. Can’t keep throwing money at challenges. |
Just trying to draw attention to how a meals tax addresses the interests of all Fairfax County citizens, including those who think taxes are too high. I am a big proponent of principled negotiation, which among other things includes focusing on interests, not positions (https://www.amazon.com/Getting-Yes-Negotiating-Agreement-Without/dp/0143118757/). Obviously if you have decided that there are no circumstances in which you would support diversifying Fairfax County tax revenues with a meals tax—that is you have taken a hard position—there is little to nothing I can do to get you to even consider considering a different position or finding some compromise or common ground. But others are likely to see how this wonky issue of how tax revenues are raised in Fairfax County (a separate question from how much taxes are collected) actually addresses their interests (e.g., finding the easiest, less costly way available to raise revenues, improving predictability of expected future real estate tax rates, achieving greater regional parity and fairness in tax policies in Northern Virginia). |
How do Airbnb and the like affect taxes and creek g up homes for younger families? |
| Would all meal tax money go toward schools or toward a general fund? Would the money be shared with other parts of the state or remain local? If it remains local, would education funds from the state be lowered? |
It is still early in the decision-making process. The County Executive has not even reported with recommendations for options for tax diversification. And unlike in 2016 (which set forth that 70% of revenues would go to schools), the Board would be adopting a meals tax under their own authority, not as a result of a referendum limiting how they might use the funds. The revenues would stay local. The formulas for education from funding from the Commonwealth are unaffected by whether a meals tax has been adopted, so what education funding Fairfax County gets from the Commonwealth would be unaffected. |
Airbnb can make a property more valuable (or at least less expensive on net) to own, which means property owners who rent out their properties through Airbnb have less incentive to sell. This would be expected to reduce the stock of available homes in areas where properties are rented out through Airbnb, reducing the availability and increasing the cost of homes for all families, not just young families. As far as taxes go, an Airbnb rental can produce taxable income. Theoretically, a jurisdiction may try to tax frequently rented out Airbnb units as commercial rather than residential properties (https://www.strongtowns.org/journal/2022/5/10/should-airbnbs-be-taxed-as-residential-or-commercial). And if the reduced housing stock pushes up prices and assessments, then real estate tax bills in an area may be pushed up as well. I don’t think Airbnb is likely a significant factor in Fairfax—not like it might be in popular tourist destinations. Still, interesting to think about how it has changed the economics around housing. |
So if everyone jumps off a bridge, you should too? Great logic. I see you didn't bother to answer my question: Have you donated all your excess money to FCPS yet? If you're for higher taxes for schools, you should be supporting them now and not waiting for a nebulous meals tax. |
$75k earner, no pension. So. Is I’m being asked to fund more to pay for pay creases and someone else’s pension. That’s a no. |
Long post seems like you work for them. |