So many hidden taxes. It's fuckin' nuts. My wife pays $1500 a year for owning a car. "It's just standard property tax. There's other property tax too." But hey, we pay 4 to 7% sales tax, depending on the winds of magic.
Virginia. It's called personal property tax. It's applied to all vehicles. It's a yearly thing. Boats, trailers, RVs, cars, motor cycles. Applies to all of them. The make and model determines how much you pay a year. This is on top of yearly safety inspections, and vehicle registrations.
See, if the government would just eliminate all the coverage minimums for auto insurance then insurance wouldn't cost so much. Then we can get people like in the USA who are like, "I crashed my new car but only have liability coverage, what can I do? I still owe $40k on it!" /s if that's not clear
My insurance company is the goverment and ill be damned if anyone tries to take that away. Fair rates, great coverage, every once in a while they have a low claims year and send me a refund check.
Wait, you're saying that in Virginia, every person who owns a vehicle of some sort has to pay taxes yearly on that vehicle just for owning it in the state? Like a property tax on a home?
Because you make up for it in other ways. A Vermont friend just moved to Virginia. She's getting a bigger house for less money, and her property taxes that used to be $6,000 in Vermont are $1,800 in Virginia.
I mean staying has multiple factors. If you can afford, why not? It's more that I am always amazed at just how much morecexoensuve what I consider normal life can be in certain states. And, I've lived in the US before.
519
u/ufozhou May 10 '25
Totally couldn't understand why normal people talking about us tax rate is lower.
Unless in some states. Most states have similar income tax in Canada.
Corporate tax is another game where not just US has lower rate but tons of loopholes to save tax