County Tax Department ? Can Am

[NancysToy]

Michigan license fees are based upon vehicle weight, which is deemed a tax, and it is deductible on the federal income tax returns. Our two small cars (Honda's) run about $70-80 per year, each.

????? If I remember right, Michigan changed for strictly weight based to a formula based at least in part on the MSRP. That is why the taxes can now be deducted as property taxes on your federal return. Motorcycles may have a different formula.

 

[Grandpa Spyder]

Taxes on my Spyder this years was $543.02, Yes we pay personal property tax on all vehicles and trailers. I paid over $2000.00 this year

 

[GeoffCee]

Yup, we are all taxed to poverty. When you make money it's taxed, spend it it's taxed, property you buy is taxed, savings taxed.

Exactly the same taxation system exists in the United Kingdom. But we're a small country, comparitively, so our taxes can't raise sufficient revenue to allow us to instigate ground-breaking scientific adventures. As a citizen of the US your taxes have sent men to the moon and you are currently spending more billions investigating our planetary neighbours. The UK and many other countries are making a shared contribution to space science aboard the ISS. Eventually, mankind will overpopulate this planet and use up its essential natural resources. Before that happens we'll need to find a new home somewhere in the solar system. Individuals have difficulty sometimes seeing the big picture but I believe taxes are essential. Without general taxation nothing on a big enough scale to make a difference would ever get done.

Then when you die , that's taxed too. Really makes me mad !

You'll be in Heaven. Personally, I don't think you'll give a damn!

 

[pslawing]

Lots of states do this... NC is just one of them. You pay a reduced "highway use" sales tax (3%) at time of purchase instead of the full sales tax you would in say, NY. In some states that do this, you pay a tax but it is capped at a specific dollar amount depending on class of vehicle....When I lived in SC and bought a brand new truck, my sales tax was capped at $300 (back in 1998)...

If you are one that keeps your vehicles a long time, then the yearly personal property tax fee on the vehicle gets pretty low. I was paying $59 a year the last couple of years on my old Dodge Dakota which I had for 13 years. The tax bill I get next year on the new F-150 is going to hurt. If you are the type that has to have a brand new shiny vehicle every 3 to 5 years then you are going to end up paying a lot of tax over your lifetime just on vehicles.

Incidentally... If you have a toy hauler in NC and it is based on a cargo trailer, make sure it stays titled as cargo... cargo trailers pay a one time tax, not yearly.

Taxes are still less down here overall then in NY.

Thanks for the info on the cargo trailer! Not to mention NC has one of the highest gas taxes in the US.

 

[ulflyer]

NC, the Tar Heel State AKA Stick it To You State

Good old NC: last year I got the county tax bill on an older Corolla that I thought was exorbitant; went to tax office qustioned how they came up with it (see below), and they gave me a form that I took to a car dealer who evaluated it much lower and thats what they then based the tax on.

I first asked where they got the evaluation from and they said "charlotte". I said who in Charlotte? "Don't know" they said. I asked if they used KBB or NADA? "Don't know" they answered! Obviously, didn't know, didn't care, just give me your money or run around and get an eval from a dealer. Fortunately I have a neighbor who is a dealer and he said put whatever price I wanted on the form and he'd sign it.

 

[bruiser]

Exactly the same taxation system exists in the United Kingdom. But we're a small country, comparitively, so our taxes can't raise sufficient revenue to allow us to instigate ground-breaking scientific adventures. As a citizen of the US your taxes have sent men to the moon and you are currently spending more billions investigating our planetary neighbours. The UK and many other countries are making a shared contribution to space science aboard the ISS. Eventually, mankind will overpopulate this planet and use up its essential natural resources. Before that happens we'll need to find a new home somewhere in the solar system. Individuals have difficulty sometimes seeing the big picture but I believe taxes are essential. Without general taxation nothing on a big enough scale to make a difference would ever get done.


Geoff. I remember paying the VAT on my truck when I was stationed there. Also had to have that Tele License. And do I remember something about a water sprinkler license for your garden??

 

[Bob Denman]

"Deep In The heart Of Taxes..." :gaah:

 

[Grandpa Spyder]

Bob, you got your A & E mixed up.

 

[kentuckyguy]

You'll be in Heaven. Personally, I don't think you'll give a damn![/QUOTE]

I won't know it.. But I sure as hell don't won't the Goverments to get what little I have. It's should go to the kids n grand kids.

 

[Bob Denman]

Bob, you got your A & E mixed up.

Did I? :roflblack:
:roflblack::roflblack:
:roflblack:

 

[JerryKaren]

In NC

When I lived in NY, you paid 8% sales tax on any vehicle. In NC you pay 3% and have a personal property tax every year on the vehicle which is reduced every year. So figure the savings of 5% ( figure 5% savings on a $28,000 Can -AM...)from NY, the personal property tax in NC takes years to even out.

 

[bruiser]

Bob, you're full of it!!! :roflblack: :roflblack:

 

[dannymax]

When I lived in NY, you paid 8% sales tax on any vehicle. In NC you pay 3% and have a personal property tax every year on the vehicle which is reduced every year. So figure the savings of 5% ( figure 5% savings on a $28,000 Can -AM...)from NY, the personal property tax in NC takes years to even out.

Basically, NY wants 8% of every financial transaction. Garage sales, local farm stands, firewood sales...that's right, when I cut & sold firewood NYS wanted 7% (sales tax at the time) of the amount I charged! Un-huh...I'm going out in the rain & snow, work my butt off to haul out wood, deliver it to a buyer....AND hand the state 7% of the sale?

Tell you what....you want it, come get it!! :doorag:
Of course, they would have if they'd found out about me, they nailed other guys.

 

[GeoffCee]

Geoff. I remember paying the VAT on my truck when I was stationed there. Also had to have that Tele License. And do I remember something about a water sprinkler license for your garden??

VAT (Value Added Tax) is charged at 20% on almost everything we buy new, cept for food and some childrens' clothes.

The TV Licence is an annual payment to fund our Public Service Broadcasting, better known at home and around the world as the BBC. The BBC shows ALL of its output non-stop front to back without ANY ad-breaks getting in the way. Compared to a commercial channel, it's a joy to watch even the most mundane TV program on the BBC uninterrupted. We have plenty of commercial channels, too, but compared to the BBC they are at a huge disadvantage. Adverts and program sales is how they earn a living.

Only in periods of severe drought are water restrictions brought in. It starts with a hose-pipe ban and this obviously affects the use of garden sprinklers. There is no such thing as a licence for domestic water usage. Depending on the water company for your area you may pay for your water by individual water meter, or you may pay a one-off annual charge for all your water and sewerage services. Metering is generally the cheaper option, mainly because people who have them tend to keep an eye on how much water they're wasting.

 

[Spyder777]

V for Vendette

BBC is a scam. I hope you don't believe the nonsense on BBC. Watch the movie V for Vendetta. This is what happens when you monopolize the news. The Media here is terrible, but atleast we don't have to pay for the lies they tell us

 

[dancogan]

????? If I remember right, Michigan changed for strictly weight based to a formula based at least in part on the MSRP. That is why the taxes can now be deducted as property taxes on your federal return. Motorcycles may have a different formula.

Scotty, you are correct. For all vehicles that are model year 1984 and later, the license fee is based strictly upon MSRP, not weight. Only older model years are based upon weight.

 

[GeoffCee]

I won't know it.. But I sure as hell don't want the Goverment to get what little I have. It's should go to the kids n grand kids.

I agree completely. Being able to share out the stuff you managed to accumulate in life among your family members when you die feels like the right thing to do. It should be an Inalienable Right around the world. :thumbup:

 

[grumpybob]

I believe on page 57 of ***** healthcare there is a 3.8% tax on selling your house starting Jan. 2013. Check it out!!

 

[grumpybob]

Basically, NY wants 8% of every financial transaction. Garage sales, local farm stands, firewood sales...that's right, when I cut & sold firewood NYS wanted 7% (sales tax at the time) of the amount I charged! Un-huh...I'm going out in the rain & snow, work my butt off to haul out wood, deliver it to a buyer....AND hand the state 7% of the sale?

Tell you what....you want it, come get it!! :doorag:
Of course, they would have if they'd found out about me, they nailed other guys.

WE KNOW NOW!!:roflblack:
:roflblack:

 

[WackyDan]

I will be moving fm Florida which has no such tax, to Alabama in January. I checked out property taxes and home owners and vehicle insurance, all will be considerably lower than Florida. However, I did not think to check on vehicle taxes.

Does anyone know if there are any heavy annual taxes on Spyders and other vehicles similar to the North Carolina experience cited in this string?

Plenty of states have yearly personal property taxes on vehicles... Sometimes it is labeled something else... For those states that don't have it you are paying full sales tax up front at time of purchase, and potentially higher registration fees. Best bet is to call a car dealer in the state you are moving to to find out.

The tax is a revenue generator but it is regressive to those of us that own more than one vehicle...Gotta pay to play?