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Metropolitan DC Local Politics
Reply to "Moving out of DC because of taxes and wasteful government"
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[quote=Anonymous][quote=Anonymous]We have a tax haven arbitrage nearby that's very easy to move to without upending your life - it's called Virginia. Not sure why you'd go to Puerto Rico or USVI, it's a massive lifestyle change with a lot of costs and annoyances and bureaucratic hoops to jump through to get the tax benefits. If you own any type of business that necessitates a local real estate footprint in the DMV, it won't work for you. [/quote] Yes. And you can have DC doctors and DC doesn't care. There is also tax reciprocity as a VA resident I never ever paid DC taxes on my DC job. https://www.tax.virginia.gov/reciprocity#:~:text=Virginia%20Residents%20who%3A,Columbia%20Unincorporated%20Business%20Franchise%20Tax. Funny I mentioned in another thread a while back that when we were moving to DMV for DC jobs we picked VA for tax reasons. One PP mocked me for not being wealthy enough not to have to choose because of taxes. [/quote]
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