Virginia sucks. In fact it sucks so bad that everyone that has moved here in the past 20 years from NY, PA, NJ, and MD should all pack up and move back. Please I urge you to leave this pit of hell ASAP!
Spelled out for Kool Aid drinking Marylanders who are too lazy to click:
MD vs VA (lower is better):
Corporate tax rank - 14 vs 6
Individual Income tax rank - 46 vs 37
Sales tax rank - 9 vs 6
Unemployment Insurance tax rank - 45 vs 36
Property Tax rank - 40 vs 27
Overall rank - 42 vs 26
http://taxfoundation.org/article/2012-state-business-tax-climate-index
More from the article for you:
In 2010 Northrup Grumman chose to move its headquarters to Virginia over Maryland, citing the better business tax climate.2 Anecdotes such as these reinforce what we know from economic theory: taxes matter to businesses, and those places with the most competitive tax systems will reap the benefits of business-friendly tax climates.
Deductibility of Depletion. The deduction for depletion works similarly to depreciation, but it applies to natural resources. As with depreciation, tax complexity would be staggering if all 50 states imposed their own depletion schedules.
This variable measures the degree to which states have adopted the federal depletion schedules.14 Seventeen states are penalized because they do not fully conform to the federal system: Alabama, Alaska, California, Delaware, Indiana, Iowa, Louisiana,
Maryland, Minnesota, Mississippi, New Hampshire , North Carolina, Oklahoma, Oregon, South Carolina, Tennessee, and Wisconsin.
The bottom 10 states [for Individual Income Tax] are Hawaii, North Carolina, Minnesota, Ohio, Wisconsin,
Maryland, Vermont, New Jersey, New York, and California.
The individual income tax systems in these states tend to have high tax rates and very progressive bracket structures. They generally fail to index their brackets, exemptions and deductions for inflation, do not allow for deductions of foreign or other state taxes, penalize married couples filing jointly, and do not recognize LLCs and S-Corps.
In addition to statewide income tax rates, some states allow municipal- and county-level income taxes. The Tax Foundation calculates an average effective local option income tax rate for these states and finds that Maryland has the highest average effective local rate, at 1.56 percent of state personal income.20 Other states with local option income taxes levied in addition to the state rate include Ohio (1.06 percent average effective local income tax rate), New York (0.85 percent), Pennsylvania (0.78 percent), Kentucky (0.74 percent), Indiana (0.64 percent), Delaware (0.16 percent), Missouri (0.14 percent), Michigan (0.13 percent), Alabama (0.08 percent), Iowa (0.08 percent), Kansas (less than 0.01 percent), and Oregon (less than 0.01 percent).
States with high kick-in levels score the worst [for Top Tax Bracket Threshold]. These include California ($1,000,000 of taxable income), New Jersey ($500,000 of taxable income),
Maryland ($500,000 of taxable income), Vermont ($379,150 of taxable income), and North Dakota ($379,150 of taxable income).
Property Tax Base
This sub-index is composed of variables listing the different types of property taxes each state levies. Seven taxes are included and each is equally weighted. Alaska, Arizona, Idaho, Missouri, Montana, New Mexico, North Dakota, Utah and Wyoming receive perfect scores because they do not levy any of the seven taxes.
Tennessee and Maryland score worst because they impose many of the taxes.
Overall, the states with the best score on this sub-index [of Unemployment Insurance Tax Rate] are Arizona, Louisiana, Georgia, Nebraska, and Florida. Generally, these states have low minimum and maximum tax rates on each schedule and a wage base at or near the federal level.
The states with the worst scores are Massachusetts,
Maryland, Rhode Island, Oregon, and Pennsylvania.
Overall, the states with the best score on this sub-index are Arizona, Louisiana, Georgia, Nebraska, and Florida. Generally, these states have
low minimum and maximum tax rates on each schedule and a wage base at or near the federal level. The states with the worst scores are Massachusetts,
Maryland, Rhode Island, Oregon, and Pennsylvania.
Least Favorable Schedule: Minimum Tax Rate. Ten states receive the best score in this variable with a minimum tax rate of zero percent. The states with the highest minimum tax rates and, thus,
the worst minimum tax scores are New Mexico (2.7 percent), Hawaii (2.4 percent),
Maryland (2.2 percent), Oregon (2.11 percent) and Rhode Island and Connecticut (1.9 percent).
Least Favorable Schedule: Maximum Tax Rate. Twelve states receive the best score in this variable with a comparatively low maximum tax rate of 5.4 percent. The states with the highest maximum tax rates and, thus, the worst maximum tax scores are Massachusetts (15.4 percent),
Maryland (13.5 percent), Michigan (10.3 percent), Indiana (10.2 percent) and Tennessee (10 percent).
Take the blinders off.
but I still had to bring the vehicle up to snuff; Replace a relay that controlled emergency flashers. Originally, passed the base inspection by tapping on the brake pedal when asked to activate the flashers. Luckily, they did not look at the front flashers. :wub:
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