Reply to How much taxes would we save if we moved from MoCo to Fairfax County?

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[quote=Anonymous]I'm trying to figure out how much we would save if we moved across the river. Our HHI is $ 400k.

Could anybody please tell me if my calculations are correct?

So far I've gathered the following tax rates applicable to our situation (please correct me if I am wrong):

VA:
VA income tax: 5,75 %
Fairfax County income tax: none
Fairfax County real estate tax: 1,075 %
Fairfax County property tax on cars: 4,57 %
Sales tax: 5 %

MD:
MD income tax: 5 %
Montgomery County income tax: 3,20 %
Montgomery County real estate tax: 0,724 %
Montgomery County property tax on cars: 1,81 %
Sales tax: 6 %

Am I missing something else?

So, provided that we drive cheap old cars, the only noticeable difference is the MoCo income tax of $ 3.20%, right? So in our case that would roughly translate to $ 12k per year.

Is it really true that Fairfax County does not have an income tax at all? Do the various cities like Great Falls, McLean, Falls Church, levy their own taxes?

Thanks much in advance.[/quote]

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