We're trying to figure out effective tax rates on cars in arlington county.
Pulling from two websites, it is:
5% of the value over 20,000 plus 28% of 5% of the value between 3,000 and 20,000 plus 0% of the value under 3,000.
I can't find a calculator for it. The county doesn't seem to provide one.
Being me, I can figure that out. I can build a spreadsheet.
A $20,000 car an effective rate ~3%; a $10,000 car ~2.5%, and a $5,000 car right around 1.44%.
The average car-owner should not need to do this math.
I've aid it before: The average citizen should not need a spreadsheet to figure out there taxes.
Business, millionaires, etc? Sure. But not, like, 90% of us.
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Is this sales tax you're talking about, or registration taxes?
ReplyDeleteProperty tax.
ReplyDeleteUpdate: It is a reduction of 28%, not 28% of. So, it is 78% of 5% of ...
ReplyDeleteAlso it’s the tax rate for the amount the county thinks your car is worth, not the KBB value. 🙄
ReplyDeleteThat's even harder, Philip Stimpert
ReplyDelete