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Article #54609

Re: Register Va cars in Maryland ... Why??

#54609
From: Tom Atwater
Date: Fri, 17 Jul 1992 13:43
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In article <sbayles.711306096@mwunix> sbayles@mwunix.mitre.org (Scott Bayles) writes:
>As I drive in Northern VA during rush hour every day, I see an incredible
>amount of cars with Maryland tags.
>I've heard one explanation that property taxes are cheaper, and something
>about easier or no emissions/safety inspections. What are the real reasons
>that people live in Virginia and register their cars in Maryland??? Does 
>it save that much money??

Personal property tax is high in Farifax County. (Many counties have none.)
The main source they use is the value of one's vehicles.
I paid about $500 last year for two 5-year-old cars, so I guess the rate
is about 5% of the value.
Maryland finds other ways to get money, like the real estate transfer tax
(1 or 2% of the sale price) and the piggyback income tax.

Lest you think of doing this, the police occassionally set up roadblocks
to check on it.

-- 
Tom Atwater

toma@chapman.gsfc.nasa.gov
CompuServe: 72540,1652
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From: toma@zephyr.gsfc.nasa.gov (Tom Atwater)
Newsgroups: dc.general
Subject: Re: Register Va cars in Maryland ... Why??
Keywords: register cars
Message-ID: <1992Jul17.134307.12010@nsisrv.gsfc.nasa.gov>
Date: 17 Jul 92 13:43:07 GMT
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