Turbocharged: Fairfax Car Tax Burden | Bacon's Rebellion

2022-08-13 11:09:07 By : Mr. kevin yan

Fairfax County just mailed out its 2022 Car Tax bills, and the tax increase is substantial.

The Board of Supervisors granted us a 15% discount off of the inflated 2022 Blue Book vehicle values. That’s nice, but it looks like the Board failed to mention that the car tax was increasing for a second reason: the “subsidy” was reduced for the first $20k value of the car.

Here are some car tax facts for my personal vehicle.

Base Case last year (2021): Bill’s 2020 RAV4 Value 2021: $ 23,725     Tax Before Relief: $1,084     Tax Relief/Subsidy (under $20k Value): $525     Net Car Tax Owed 2021: $558 

Here is the tax increase for 2022 ACTUAL: Bill’s 2020 RAV4 Inflated Value 2022 (less 15%): $27,073     Tax Before Relief: $1,237     Tax Relief/Subsidy (under $20k Value): $452     Net Car Tax Owed 2022: $785

Last year I predicted (incorrectly) that I would owe a total of only $425 Car Tax for 2022. Thus, I owe about $360 more than I predicted, of which +$73 is due to the reduction in the under $20k “subsidy,” and the rest is due to inflation. In short, my 2022 car tax bill is not quite double the expected amount.

But I am a cheapskate. Reportedly, the average new car cost now is  $47,000.  That implies some NoVA residents must pay car taxes over $2,000 per year, per new vehicle, not including sales tax, and not including HUF fees for  green cars.

It’s good thing Michael Vick, known for owning a fleet of expensive cars, left the state a few years ago. Otherwise, he could owe Virginia some huge back car taxes!

Bill Tracy, a retired engineer, lives in Northern Virginia.

Shake up the status quo!

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