liebsaz

Having a nice car is great but... I received my Virginia property tax bill in the mail today totaling $1954 for the 2012 ISF.
Brutal.

It's times like this I question luxury purchases. Anyone else have that feeling?

ISF4life

iTrader: (30)

Not in cali lolz.

boostftw

iTrader: (3)

jeez... property tax bill for a car?

MisterSkiz

iTrader: (2)

wait what? You pay property tax on a car? Do you pay sales tax when you buy it?

This government is out of control, liberals think they deserve everyone's piece of the pie. Scumbags.

J2K

WTF.... that is ridiculous. I get pissed off having to renew my tag every year @ $100 per car. I'd consider moving out of Virginia if I had to pay that bill annually for three cars.

MisterSkiz

iTrader: (2)

Does Virgina not have Personal Income Tax every year?

liebsaz

yes we pay sales tax on the purchase, then receive a property tax on vehicles, boats, etc.

Plus the property tax on my house, but I think most states have that.

Did I mention I get to pay this every year? Although it goes down some based on the value of the car.

liebsaz

no we have income tax too

LBmtb

That tax wouldn't be needed if this country didn't blow 52% of the budget on military and wars.

lobuxracer

iTrader: (2)

Sounds like were done here unless you want to move this to the debate forum.

stvincent

iTrader: (5)

i've heard about this and couldn't stop wondering.. how do you determine your tax basis on vehicles.. by the book? what's the depreciation period? what if you purchase the vehicle, and it's not new? i thought living in MD was expensive..

flyverylow

?????? This thread does not belong here.

flowrider

iTrader: (9)

Most of us pay property tax on our vehicles. In most eastern states it is billed as a separate item usually by the county you reside in. In the West it is included in the price you pay for your registration and tags. The cost of the registration is based on the valuation of the vehicle. The registration cost for vehicles in states with a personal property tax is a flat fee, usually very low. If you itemize your income tax, these taxes are a deduction.

Lou

streetx

iTrader: (4)

in mass they call it excise tax and its based off the cars value until whatever formula they use bottoms out to $30 a year. I think my 08 was 300 last year

don't ask me what they use to determine value causeGM I have no idea

Juanca

iTrader: (5)

So what if it's a lease?