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Metropolitan DC Local Politics
Reply to "Marylandfication of Virginia"
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[quote=Anonymous][quote=Anonymous]Did some digging into the tax proposals and their sponsors. They’re being sponsored by people on the appropriate committees and/or in leadership so there’s a high likelihood some version of them pass. They also made the income tax more “aggressive” vs the original proposal - along with 10% on $1M+ they also added 8% on $600K to $1M. NIST stays the same at $3.2%. Ran some preliminary #s and anyone under $1M will pay less than that same income in DC / MD. The math flips at $1M where VA would actually be the highest tax state for that income level in the country when you add in the NIST. Will be interesting to see if these get modified further. Not a good headline for the Dems. [/quote] Well that really stinks. Moved from nuc were I thought taxes were high to moco where they were insane. Have enjoyed low tax rates in Va for a long time add in the car tax and might be time to move back to Maryland. [/quote]
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