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Reply to "VA: price of lower taxes?"
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[quote=Anonymous][quote=Anonymous]I'm not sure if VA gives as many free things to the poor, like car seats, pack n plays, condoms, lottery homes, etc. But trust me, that in and of itself does NOT account for[b] the doubling of MD's income tax over VA. [/b][/quote] Please stop parroting this; it's incorrect. VA's income tax is not lower than MD's unless your HHI is over $200K. I posted this in the Real Estate forum recently: [url]http://www.dcurbanmom.com/jforum/posts/list/228706.page#2327789[/url] You need to make significantly over $200K HHI before the VA income taxes will rise above the MD taxes. The reason that MD taxes are significantly higher is NOT income tax. It's all of the other taxes. MD has higher property tax, and adds a lot of other taxes on top of basic income tax. But the basic state income tax is lower in MD than in VA. [/quote]
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