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warlock56
Premium
join:2002-07-31
Arlington, TX
| reply to dropshadow
Re: i want to hear from you all.
said by dropshadow  :
yes, there is state income tax in VA, MD & DC. you pay based upon your residence, not where you work. so if you live in VA but work in DC, you still pay VA state income taxes. DC is incidentally the highest.
that personal property tax is assessd every year. so if you own a car, you pay taxes on that *every* year...of course each year is less due to depreciation. so if you have a car, house and boat, you will be paying property taxes EVERY year on all 3. i remember straight out of college, i had a 93 camry. it was worth about $7000 according to virginia. i paid roughly $270 that year for my county tax sticker (extra sticker we don't have here in texas). and if you don't pay your taxes...well, you get no county sticker which means you get pulled over every other second...because cops look for that *all* the time...
Damn, $270 for your tax sticker? Yeah, that certainly is more than the $52 I pay every year for my car registration...please. You could use that extra money to pay for your insurance. And yes, the rates out there would probably be equal or greater than they are here.
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1. Peace through superior firepower 2. There is a huge 3-D world out there that doesn't give a crap about secret club houses and perverted picture posting. | |
dropshadow
join:2000-12-17
Plano, TX
clubs: 
 ·Verizon FIOS
| reply to Fobulous
said by Fobulous :
also, dont' they have to cough up State Income tax in Baltimore/DC area?? my friend kept saying that they have only 1% property tax and sales tax is only 5%. but i think they'll make up the rest by State Income Tax.
yes, there is state income tax in VA, MD & DC. you pay based upon your residence, not where you work. so if you live in VA but work in DC, you still pay VA state income taxes. DC is incidentally the highest.
that personal property tax is assessd every year. so if you own a car, you pay taxes on that *every* year...of course each year is less due to depreciation. so if you have a car, house and boat, you will be paying property taxes EVERY year on all 3. i remember straight out of college, i had a 93 camry. it was worth about $7000 according to virginia. i paid roughly $270 that year for my county tax sticker (extra sticker we don't have here in texas). and if you don't pay your taxes...well, you get no county sticker which means you get pulled over every other second...because cops look for that *all* the time... | |
Fobulous
Premium
join:2002-08-14
Missouri City, TX
clubs:
 ·Comcast
| reply to Fobulous
jigstx yes Texas is a good place to be especially in the DFW area..not too crazy about South Texas or the Gulf Coast areas.
also, dont' they have to cough up State Income tax in Baltimore/DC area?? my friend kept saying that they have only 1% property tax and sales tax is only 5%. but i think they'll make up the rest by State Income Tax.
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Posts: 6354
MYIE2
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