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Article #3834

Re: DC/VA/MD State taxes? Which is best?

#3834
From: Larry Seftor
Date: Sat, 17 Dec 1994 16:00
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In article <1994Dec15.180718.14880@midway.uchicago.edu>,
Ted Frank <thf2@midway.uchicago.edu> wrote:
>I've accepted a job in DC, and am trying to decide where to live.
>I'm perfectly willing to pay extra $X/month in taxes for location,
>just as I would be willing to pay that in rent for location.
>
>The only problem is, I don't have the faintest idea what "X" looks like.
>
>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

.... and so on.

I have seen a breakdown of taxes in books, generally those that give
overviews of metropolitan areas in general.  Look harder.

In general, taxes in DC are the highest, Montgomery County slightly less,
and Virginia less than that.  As noted in another reply, it often varies
by county.

You need to consider your particular situation (e.g., age, housing status).
For example, if I was in my 20's I'd find Reston (where I once lived) a
tad on the quiet side, regardless of the lower income tax there.  DC is
a better deal on property taxes than Montgomery County, and so on.  I
live in a nice neighborhood very close to the Metro, which is a key 
for convenience and property values.


Larry Seftor 
(the opinions expressed herein are my own, and don't reflect the position
 of any organization I might be affiliated with)
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From: seftor@newt.mrj.com (Larry Seftor)
Newsgroups: misc.taxes,dc.general
Subject: Re: DC/VA/MD State taxes? Which is best?
Date: 17 Dec 1994 11:00:11 -0500
Organization: MRJ, Inc./Oakton, Virginia, USA
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