I hate this place. I just moved here this summer because mother Air Force told me to and I can't wait to get outta here. This state taxes the crap outta people and the state legislature, county and cities can't get enough of the peoples money around here.
A recent blog that states all the new taxes:
As some of you may or may not know, the Virginia General Assembly is increasing the Grantor's Tax as part of the Northern Virginia Transportation Plan passed last March. Currently, the Grantor's Tax is $1 per $1000 of the sales price or assessed value, whichever is greater. The Virginia General Assembly approved an increase from $1 to $5 per $1000 effective July 1, 2007. The latest news is that they are delaying the increase until September 1, 2007 and may only be raising it to $4 per $1000.
As a seller of a $400,000 property in Virginia, the new rate of $5 per $1000 means an increase from $400 to $2,000. Even if the lesser amount of $4 per $1000 goes into effect, the amount would be $1,600, an increase of $1,200.
But wait, there's more...
According to NVAR, here are some other things included in the plan:
* 2 percent increase in the rental car tax
* 2 percent increase in the hotel/motel occupancy tax
* $10 increase in the vehicle safety inspection fee
* 1 percent initial vehicle registration fee (for new car purchases or those moving into the region)
* 5 percent sales tax on auto repairs
* $10 regional auto registration fee
In addition, the authority may choose to implement the following optional revenues:
* Annual commercial real estate fee of up to 25 cents per $100
* $10 local car registration fee
* Commercial/residential impact fee (amount to be determined)
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