Comments on: Va. GOP: Bid to End Car-Tax Break Would Be Dead On Arrival http://www.virginiatalks.com/2009/12/09/va-gop-bid-to-end-car-tax-break-would-be-dead-on-arrival/ Your voice, your opinion, loud and clear. Thu, 14 Jul 2011 17:17:46 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: Capt. Havok http://www.virginiatalks.com/2009/12/09/va-gop-bid-to-end-car-tax-break-would-be-dead-on-arrival/comment-page-1/#comment-72 Capt. Havok Mon, 14 Dec 2009 16:30:10 +0000 http://www.virginiatalks.com/?p=15439#comment-72 If that's true, it's like a public front. Everybody knows about the car tax-break and they think they're getting a deal. In reality, we're all paying anyway but the "car tax-break" keeps them happy. If that’s true, it’s like a public front. Everybody knows about the car tax-break and they think they’re getting a deal. In reality, we’re all paying anyway but the “car tax-break” keeps them happy.

]]> By: John http://www.virginiatalks.com/2009/12/09/va-gop-bid-to-end-car-tax-break-would-be-dead-on-arrival/comment-page-1/#comment-70 John Fri, 11 Dec 2009 14:03:28 +0000 http://www.virginiatalks.com/?p=15439#comment-70 I'm not sure I quite understand this car tax subsidy. My understanding: the state takes $950 million of our tax money and redistributes it to the localities to subsidize the revenue that they lost due to a lowered car tax rate. So while I pay less car tax to my county, I'm still paying (theoretically) more in taxes to the state to support my county, in a roundabout way. Do I have that right, or am I mistaken about how this works? I’m not sure I quite understand this car tax subsidy.

My understanding: the state takes $950 million of our tax money and redistributes it to the localities to subsidize the revenue that they lost due to a lowered car tax rate. So while I pay less car tax to my county, I’m still paying (theoretically) more in taxes to the state to support my county, in a roundabout way.

Do I have that right, or am I mistaken about how this works?

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