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Hanover County (VA) Tax Rate: Working Class Subsidizes Wealthy Aircraft Owners

As a Hanover County, Virginia resident I must say I was shocked last night when the discrepancy in tax rates were brought up at a meeting of the Mechanicsville TEA Party.

It seems that the good citizens of Hanover are paying far higher rates for Personal Property Taxes on cars, boats, homes, tools, well, everything, than the taxes levied on Aircraft owners.

Now President Obama is using Aircraft ownership to call for higher taxes on the wealthy. And while there is little doubt that owning a private aircraft is a privilege afforded only to the more affluent Hanovarians, Obama’s call to tax these individuals (or corporations) at a higher rate than others is nothing more than class warfare.

Hanover’s Aircraft problem is totally different. No one is calling for individuals owning them to have their income taxed at a higher rate. The people I spoke with were questioning why a boat or car is taxed at nearly 800% more than an airplane.

Cars, boats, tools and personal property are taxed at $3.57 per $100 of value. Yet aircraft enjoy a $.50 per $100 value rate. That’s fifty cents!

While the reason behind the discounted rate for aircraft may be to encourage flyers to home their aircraft in Hanover County to help the Hanover Airport grow, is this a good enough reason to have the rest of the county subsidize aircraft tax?

Aircraft should be taxed at the same rate as other personal property. If we are going to tax personal property at all, it must be fair and evenhanded.

The Hanover County Board of Supervisors needs to correct this disparity sooner, rather than later.

Below are the current tax rates from the Hanover County web site:

Tax Amount
Real estate tax $0.81 cents per $100 of assessed value
Personal property tax $3.57 per $100 of assessed value
Business personal property tax $3.57 per $100 of assessed value
Machinery and tools tax $3.57 per $100 of assessed value
(assessed value = 10% of original capitalized cost excluding capitalized interest)
Merchants capital tax $1.90 per $100 of assessed value
(assessed value = 10% of market value)
Aircraft tax $0.50 per $100 of assessed value
Contractors and business license tax $0.10 per $100 of gross receipts
(applies only if gross receipts exceed $100,000)
Transient occupancy tax 8% of the amount paid for lodging to hotel, motel, boarding house or travel campground for continuous occupancy for fewer than 30 consecutive days
Public service corporations $0.81 cents per $100 of assessed value for real estate and $3.57 per $100 of assessed value for personal property
Public service corporations (generating facilites) $0.55 cents per $100 of assessed value

About Tom White

Tom is a US Navy Veteran, owns an Insurance Agency and is currently an IT Manager for a Virginia Distributor. He has been published in American Thinker, currently writes for the Richmond Examiner as well as Virginia Right! Blog. Tom lives in Hanover County, Va and is involved in politics at every level and is a Recovering Republican who has finally had enough of the War on Conservatives in progress with the Leadership of the GOP on a National Level.

2 Responses to “Hanover County (VA) Tax Rate: Working Class Subsidizes Wealthy Aircraft Owners”

  1. rod edwards says:

    What I don't understand is why our government thinks they are entitled to tax my property in the first place, I buy a car and pay tax on it. Then I'm supposed to pay tax again and again, on the same car???? Insane.

    Who cares if aricraft owners pay less. What we should be fopcused on is getting the goverment to SPEND LESS!

    The government is NOT entitled to my money.

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Tom White Says:

Nothing is more conservative than a republican wanting to get their majority back. And nothing is more liberal than a republican WITH a majority.

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