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Iowa's annual vehicle registration fees include a tax of around 1% of MSRP price for any vehicle under 12 years old.
 
Posts: 2444 | Registered: October 24, 2007Reply With QuoteReport This Post
No, not like
Bill Clinton
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Alabama and South Carolina are the ones I deal with a lot

In SC the property tax on your home is also tied to your car.

We had a fella come buy a Vette, he had us put in writing that we would pay the property tax on his new Vette. Well, when we went to pay it his home property tax was due and you can't pay the car property tax without the home being done first DOH! Car buyers are shady fuckers too

GA switched from a sales tax on new cars and a yearly tag fee based on value to a Title and Ad Valorem Tax. Before tax was not collected on private sale, now TAVT is collected on any new registration. So a car could pay the TAVT several times depending on how many owners


 
Posts: 7043 | Location: GA | Registered: September 23, 2009Reply With QuoteReport This Post
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Not only do some states have personal property tax on specific items, but some have taxes on all personal property. Moreover, some states tax intangible personal property (for example, stocks, bonds, notes that are payable to the taxpayer, etc.).


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"Sooner or later, wherever people go, there's the law. And sooner or later, they find out that God's already been there." -- John Wayne as Chisum
 
Posts: 669 | Location: Kentucky | Registered: September 20, 2006Reply With QuoteReport This Post
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In WV if you sell minerals from your property (natural gas, coal, etc) they charge property tax on the value of those minerals, then you get to pay state and federal income tax on the proceeds. Like most states you get a break on one tax then they get you on another.


No car is as much fun to drive, as any motorcycle is to ride.
 
Posts: 8563 | Location: Northern WV | Registered: January 17, 2005Reply With QuoteReport This Post
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