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but I expect it includes some mix of income taxes, sales or consumption taxes, real estate transfer taxes, development impact fees and so on. Perhaps modest, carefullytargeted property taxes would be included in the ideal mix — if so, ironically, they might be taxes on cars and residential structures since most of us need both, and what we buy/rent does at least somewhat reflect ability to pay.
While on the subject of equity, is it correct that local car taxes will be replaced by the Commonwealth in effect by drawing on income and sales tax revenue? And is it also correct that each county will get from the state an amount necessary to replace whatever it has been collecting and expects to collect in the future — no matter that different counties use different systems of valuing cars and set substantially different ad valor em rates?
If so, wouldn’t that mean that taxpayers in frugal lowtax counties will be subsidizing taxpayers (and owners of big-ticket cars) in high-tax counties? What’s fair about that? How many years will that subsidy remain in effect?
Robert T. Dennis
Flint Hill
95.1%