Article View: misc.taxes
Article #3828Re: DC/VA/MD State taxes? Which is best?
From: Francis A. Ney, Jr.
Date: Tue, 20 Dec 1994 22:17
Date: Tue, 20 Dec 1994 22:17
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2074 bytes
In article <3d4nvt$dsp@news.cais.com> marko@pulse.com writes:
>
> Ted Frank <thf2@midway.uchicago.edu> wrote:
> >I scoured bookstores in the DC area, and could not find a single book
> >to answer this question. Sure, there were cutesy books that mentioned
> >that DC has a top rate of 10% and Maryland and Virginia both have top
> >rates around 6%, but are these graduated or what? And if so, how much?
>
> Virginia's top income tax rate is 5.75%. It is graduated, but it rises
> to the maximum quite a bit faster than the Federal tax. I don't have
> the exact figures handy.
Top rate is $470 plus 5.75% over $18,000.
>
> One nice thing about Virginia tax is that there is no "marriage
> penalty."
You also get your schedule A deductions.
---
Frank Ney EMT-A N4ZHG LPVa NRA GOA CCRKBA LEAA JPFO 'M-O-U-S-E'
Don't Tread On Me
"People who object to weapons aren't abolishing violence, they're begging for
rule by brute force, where the biggest, strongest animals among men were
always automatically 'right.' Guns ended that, and social democracy is a
hollow farce without an armed populace to make it work."
- L. Neil Smith, _The Probability Broach_
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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: fd1f1,cce4ecebe63222f3 X-Google-Attributes: gidfd1f1,public X-Google-Thread: 101049,cce4ecebe63222f3 X-Google-Attributes: gid101049,public X-Google-ArrivalTime: 1994-12-20 16:56:57 PST Path: arc1-ca.pugleaf.net!nntp.gmd.de!Germany.EU.net!howland.reston.ans.net!news1.digex.net!digex.net!not-for-mail From: croaker@access.digex.net (Francis A. Ney, Jr.) Newsgroups: misc.taxes,dc.general Subject: Re: DC/VA/MD State taxes? Which is best? Date: 20 Dec 1994 17:17:40 -0500 Organization: Express Access Online Communications, Greenbelt, MD USA Lines: 31 Sender: croaker@access3.digex.net Message-ID: <znr787941752k@Digex> References: <3d4nvt$dsp@news.cais.com> Reply-To: croaker@access.digex.net NNTP-Posting-Host: access3.digex.net X-Newsreader: ZipNews Reader/Mailer v0.92y (Beta)