WebApr 10, 2016 · In Virginia the maximum tax rate on income is 5.75% which is the same as the capital gains rate. http://www.tax.virginia.gov/income-tax-calculator Va Taxable Income Tax Calculation 0 - $3,000 2% $3,001 - $5,000 $60 + 3% of excess over $3,000 $5,001 - $17,000 $120 + 5% of excess over $5,000 $17,001 - $720 + 5.75% of excess over $17,000 Share During the American Colonial period, Virginia's first capital was Jamestown, where the first legislative body, the Virginia House of Burgesses, met in 1619. The new government used four state houses at different times at Jamestown due to fires. The first Representative Legislative Assembly convened on July 30, 1619 at the Jamestown Church which served as the first Capitol.
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