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Money and Finances
Reply to "Taxes--Md v. VA"
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[quote=Anonymous][quote=Anonymous] Either you included this information only for MD, which is unfair. Or you included it for VA, but used either a statewide average or a particular jurisdiction, neither of which is helpful in answering the question. And anyhow, income tax is only one portion of the tax burden. You need to factor in other taxes, and the savings from home ownership. So no, I don't think these are semantic distinctions.[/quote] NP here - Virginia (at least in the NOVA area) does NOT HAVE local (county) income tax. So the 5% income tax at the state level is all there is. Last time I looked, Arlington had the lowest tax burden in the metro area, mostly due to lower real estate tax rates than Fairfax, etc. . DC's studies (at least in the past) conveniently left Arlington out of their comparisons. However, in recent years the property tax rate has gone up, so I'm not sure if that holds true any longer.[/quote]
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