Hermann
Site Donor 2023
Paid about $400 last year on the Tacoma and the old Beemer. It goes down each year as the value of the property goes down.
How much you're paying for personal property tax
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Originally Posted By: expat
But I'd be darned if I would pay tax just for having it!!
So, you guys up in Canada don't have real estate tax?
But I'd be darned if I would pay tax just for having it!!
So, you guys up in Canada don't have real estate tax?
Here in Tennessee, we have no state income tax, except on some investment income, and, in my city and county, autos are $105.00 per year, counting postage. Doesn't matter if it is a %500 vehicle or a $100,000 vehicle. However, our sales tax, state and local, is 9.25%. My annual property taxes are $4100 for city and county. This is my biggest tax expense, much more than my federal income tax since I am retired.
In Indiana, the property tax I pay is for our house and the land it's on. For cars, there are fees and excise taxes that are part of the annual license renewal. (this reminds me to check and see when my tags expire...)
I do not remember the exact proportion of the components of the annual license renewal fees and taxes but I end up paying around $400/year for the Audi, around $300 for the Bimmer and $150 for the Civic which is my winter backup car.
I see it as the cost of having mobility. In Indianapolis we have a very weak and [use a censored word] public transportation system so I have to have all these cars. In a more civilized place we would need only one car.
I do not remember the exact proportion of the components of the annual license renewal fees and taxes but I end up paying around $400/year for the Audi, around $300 for the Bimmer and $150 for the Civic which is my winter backup car.
I see it as the cost of having mobility. In Indianapolis we have a very weak and [use a censored word] public transportation system so I have to have all these cars. In a more civilized place we would need only one car.
Originally Posted By: expat
We have property tax, that pays for schools, hospital, police etc.
I just paid today, $1028 to our municipality.
Yeah, so you do pay tax just for having it (your house, land, etc.)
We have property tax, that pays for schools, hospital, police etc.
I just paid today, $1028 to our municipality.
Yeah, so you do pay tax just for having it (your house, land, etc.)
Originally Posted By: M1Accord
Therefore, I want to get a rough idea of what you paid if you live in VA or any area that requires such tax.
I used to live in Fairfax County some 8 years ago... I remember having to pay some $800/year in taxes for my A4 back then. Not sure what the tax rate was back then.
Out here in IL it's just a flat $100/year registration fee for cars. It may be more on trucks, not sure. But we get hit with state income tax, high real estate taxes, close to 10% sales tax, and some of the highest gasoline prices in the country, and still we have a huge state budget hole... The gov't will get you one way or another...
Therefore, I want to get a rough idea of what you paid if you live in VA or any area that requires such tax.
I used to live in Fairfax County some 8 years ago... I remember having to pay some $800/year in taxes for my A4 back then. Not sure what the tax rate was back then.
Out here in IL it's just a flat $100/year registration fee for cars. It may be more on trucks, not sure. But we get hit with state income tax, high real estate taxes, close to 10% sales tax, and some of the highest gasoline prices in the country, and still we have a huge state budget hole... The gov't will get you one way or another...
I lived in VA for about 2yrs, '94-'95 time frame, and the 1st time I got a bill for personal property tax on my old GTI I was flabbergasted. I was from NY and never heard of such a thing.
now here in PA, registration is cheap, 6% sales tax, but no tax on food or clothing.
real estate taxes rise gently, but school taxes are the ones that are out of control. I protest them by having my kids in a cyber school program so my local district is forced to give money back to the state. the cyber school manages money a lot better than the sports crazy politically divided local school board.
now here in PA, registration is cheap, 6% sales tax, but no tax on food or clothing.
real estate taxes rise gently, but school taxes are the ones that are out of control. I protest them by having my kids in a cyber school program so my local district is forced to give money back to the state. the cyber school manages money a lot better than the sports crazy politically divided local school board.
Both of mine total $900 (due this month!)
. Total rip. I want to move back to ND -- except for the whole "job" and "flooding" thing...
We pay about $1,200/year for the house and lot we're on. Works out to close to $1 in tax for every $100 in value.
On the cars, both are nearly $300/year. I just paid personal property tax on my utility trailer: $13!
On the cars, both are nearly $300/year. I just paid personal property tax on my utility trailer: $13!
Originally Posted By: Spazdog
HOLY [cow]!!!
I guess I need to quit complaining.
Registering both of my cars costs $126.00 a year. $63.00 apiece. I think it might be done by vehicle weight. Our previous cars, a Mustang and an Eclipse GT were both the same but the Integra was $53.00 a year.
I live in an emission county so I have to pay $39.50 for state inspection. Last time I checked, non-emission counties were $12.50. (yeah...I know. I would just inspect there but I have a big TARRANT COUNTY identifier on my registration sticker and they won't do it for $12.50)
Wind powered vessels under 14' do not need to be registered. A Sunfish is 13'10".
Even with "Jerry Jones World" (Cowboys Stadium) sales tax is 8% and doesn't apply to non-preprepared food. So if you buy fresh fruits and vegetables, canned goods, fresh meat...etc... no tax. If you live in a city with public transportation, it's 8.25%
My home's property tax is higher than much of the city but I'm in a different school district (many more academically exemplary schools)
I'm with you! I live in Arlington/Mansfield. I feel for the guys who have to pay that crazy personal property tax! I would leave the state before paying those types of taxes.
HOLY [cow]!!!
I guess I need to quit complaining.
Registering both of my cars costs $126.00 a year. $63.00 apiece. I think it might be done by vehicle weight. Our previous cars, a Mustang and an Eclipse GT were both the same but the Integra was $53.00 a year.
I live in an emission county so I have to pay $39.50 for state inspection. Last time I checked, non-emission counties were $12.50. (yeah...I know. I would just inspect there but I have a big TARRANT COUNTY identifier on my registration sticker and they won't do it for $12.50)
Wind powered vessels under 14' do not need to be registered. A Sunfish is 13'10".
Even with "Jerry Jones World" (Cowboys Stadium) sales tax is 8% and doesn't apply to non-preprepared food. So if you buy fresh fruits and vegetables, canned goods, fresh meat...etc... no tax. If you live in a city with public transportation, it's 8.25%
My home's property tax is higher than much of the city but I'm in a different school district (many more academically exemplary schools)
I'm with you! I live in Arlington/Mansfield. I feel for the guys who have to pay that crazy personal property tax! I would leave the state before paying those types of taxes.
Originally Posted By: kb01
It seems like the government will get their pound of flesh one way or another. Areas with no annual personal property taxes tend to have local and/or county income taxes instead.
Not Texas. No local or state income tax on paychecks,just the Federal tax.
Moving from Maryland to Texas was like a huge payraise with the lack of income tax and cheaper housing costs.
It seems like the government will get their pound of flesh one way or another. Areas with no annual personal property taxes tend to have local and/or county income taxes instead.
Not Texas. No local or state income tax on paychecks,just the Federal tax.
Moving from Maryland to Texas was like a huge payraise with the lack of income tax and cheaper housing costs.
Originally Posted By: GMBoy
Originally Posted By: kb01
It seems like the government will get their pound of flesh one way or another. Areas with no annual personal property taxes tend to have local and/or county income taxes instead.
Not Texas. No local or state income tax on paychecks,just the Federal tax.
Moving from Maryland to Texas was like a huge payraise with the lack of income tax and cheaper housing costs.
I would like to be in Texas but the whole "job and family" thing keep me here. VA is actually a very beautiful state as far as parks, river, and isolated land mass connected by beautiful country roads. The problem with VA is that it is a "spend" state because people tend to spend a lot more than they should. It is also a "who you know" state as well. Texas, as least the part I want to be, is a little too dry and lack of trees.
VA is highly taxed as it has just about every tax out there, just at as severe as some states but it has every type of taxes; therefore, it actually cost more to live than other states that just have one or two high tax categories.
Originally Posted By: kb01
It seems like the government will get their pound of flesh one way or another. Areas with no annual personal property taxes tend to have local and/or county income taxes instead.
Not Texas. No local or state income tax on paychecks,just the Federal tax.
Moving from Maryland to Texas was like a huge payraise with the lack of income tax and cheaper housing costs.
I would like to be in Texas but the whole "job and family" thing keep me here. VA is actually a very beautiful state as far as parks, river, and isolated land mass connected by beautiful country roads. The problem with VA is that it is a "spend" state because people tend to spend a lot more than they should. It is also a "who you know" state as well. Texas, as least the part I want to be, is a little too dry and lack of trees.
VA is highly taxed as it has just about every tax out there, just at as severe as some states but it has every type of taxes; therefore, it actually cost more to live than other states that just have one or two high tax categories.
Originally Posted By: Hokiefyd
We pay about $1,200/year for the house and lot we're on. Works out to close to $1 in tax for every $100 in value.
On the cars, both are nearly $300/year. I just paid personal property tax on my utility trailer: $13!
I see the idea of property taxes as it pays for community services such as school, local cops/thugs, parks, and roads. However, personal property tax is not needed as gas tax, income taxes (both state and federal), as well as property (house) tax already cover it on top of extra from sale taxes. And the government force people into new/newer cars with high taxable value or let the vulture inspection station eat them alive with state inspection. That is my gripe.
We pay about $1,200/year for the house and lot we're on. Works out to close to $1 in tax for every $100 in value.
On the cars, both are nearly $300/year. I just paid personal property tax on my utility trailer: $13!
I see the idea of property taxes as it pays for community services such as school, local cops/thugs, parks, and roads. However, personal property tax is not needed as gas tax, income taxes (both state and federal), as well as property (house) tax already cover it on top of extra from sale taxes. And the government force people into new/newer cars with high taxable value or let the vulture inspection station eat them alive with state inspection. That is my gripe.
VA has a rebate type of program that has been in place for years. So actual assessed value and amount ( based on the county you live in by the way so not uniform across the state) really varies. However, on a 30,000 car it will easily exceed $500 a year payable in 1/2 twice a year. My cars are old, my 97 with the highest assessed value of around 8500 has a tax of $94 annually. The PPtax is deductible unlike a sales tax. Rates are $94 per $1000 of assessed value before the rebate. You need to call a local county government office and talk to them.
I paid close to $2000 for my cars last year but the fees are dropping by about 40% this year. For my house I paid over $9000. Then there's the 9.25% sales tax (which just dropped to 8.75% last week) and 10% income tax.
There's this rule that if the state charges low taxes in one area, it will make up for it another area. That doesn't hold true here. Our state charges high taxes for EVERYTHING.
Welcome to California. It's a great place to live if you're poor because you're assured others will be pulling your weight for you.
There's this rule that if the state charges low taxes in one area, it will make up for it another area. That doesn't hold true here. Our state charges high taxes for EVERYTHING.
Welcome to California. It's a great place to live if you're poor because you're assured others will be pulling your weight for you.
Maine starts off pricey then drops up until the five year mark. Then it never drops any more. A 15 year old car pays the same personal property tax as a 5 year old one.
It's done off MSRP. A 94 saturn, MSRP $9995, pays $40 a year in PPT to the town, $35 to the state for registration, $15 in inspection. If I want to skip the DMV the town hall a mile from my house will do everything for a $3 "agent fee" on top of it all. 5% sales tax.
Massachusetts used to do it off blue book value, leading my dad to rant about how the state thought his Ford Fairmont was still worth $830 and why doesn't Mike Dukakis come buy it off him?
It's done off MSRP. A 94 saturn, MSRP $9995, pays $40 a year in PPT to the town, $35 to the state for registration, $15 in inspection. If I want to skip the DMV the town hall a mile from my house will do everything for a $3 "agent fee" on top of it all. 5% sales tax.
Massachusetts used to do it off blue book value, leading my dad to rant about how the state thought his Ford Fairmont was still worth $830 and why doesn't Mike Dukakis come buy it off him?
How about this for odd...and this was all explained to me by the courthouse, so I don't feel bad passing it on...
North Carolina generates a tax bill on a vehicle when its license plate is renewed, and it goes off the book value of the vehicle on which the plate is renewed. Sounds simple enough...renew your plate and in 4 months, a bill is generated and sent to the house. But enterprising folks could have two cars, say a Hyundai Accent and a M-B S550 (just to name an extreme) with license plates 6 months apart. After the plate on the Accent gets renewed, you go to DMW and pay $15/vehicle to swap tags ($30 total). Now the tag to be renewed next is on the Accent. That tag gets renewed and afterwards, you pay another $30 to swap back. Now the tag that gets renewed next is back on the Accent. You're always paying property tax on the Hyundai, never on the Mercedes, and it's all perfectly legal.
North Carolina generates a tax bill on a vehicle when its license plate is renewed, and it goes off the book value of the vehicle on which the plate is renewed. Sounds simple enough...renew your plate and in 4 months, a bill is generated and sent to the house. But enterprising folks could have two cars, say a Hyundai Accent and a M-B S550 (just to name an extreme) with license plates 6 months apart. After the plate on the Accent gets renewed, you go to DMW and pay $15/vehicle to swap tags ($30 total). Now the tag to be renewed next is on the Accent. That tag gets renewed and afterwards, you pay another $30 to swap back. Now the tag that gets renewed next is back on the Accent. You're always paying property tax on the Hyundai, never on the Mercedes, and it's all perfectly legal.
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