2007 Excise Tax for your Evo
Mar 10, 2007, 12:39 PM
#18
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Wow didn't know you guys have to continuously pay taxes for owning a car. I thought that after paying the taxes when you bought the car, that it's done. Am I wrong?? Well thank god we don't have this in Florida.
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Mar 10, 2007, 01:10 PM
#21
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:excise tax
noun
a tax that is measured by the amount of business done (not on property or income from real estate) [syn: excise]
A tax, similar to a sales tax, imposed on some goods, especially luxuries and cars.
...In other words, a tax for being richer than the average american
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Last edited by BlueDemon; Mar 10, 2007 at 01:12 PM.
Mar 10, 2007, 01:37 PM
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In Mass. we pay sales tax when we buy the car, 5% at that and then a yearly excise tax. I have not got mine yet this year for my Evo, I just bought it a few weeks ago but I am sure it will be around 400 bucks a year.
It will get lower as it gets older. For example, I own a 98 Dodge Dakota as well, excise on that is 50 bucks a year valued at 1600 I think.
It will get lower as it gets older. For example, I own a 98 Dodge Dakota as well, excise on that is 50 bucks a year valued at 1600 I think.
Mar 10, 2007, 01:55 PM
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Quote from Dictionary.com, the dictionary that can be your best friend through your college years :
excise tax
noun
a tax that is measured by the amount of business done (not on property or income from real estate) [syn: excise]
A tax, similar to a sales tax, imposed on some goods, especially luxuries and cars.
...In other words, a tax for being richer than the average american .
:excise tax
noun
a tax that is measured by the amount of business done (not on property or income from real estate) [syn: excise]
A tax, similar to a sales tax, imposed on some goods, especially luxuries and cars.
...In other words, a tax for being richer than the average american
.. J/K No it just struck me weird....i live in OR and gotten used to paying no taxes 
. Thanks for the info there buddy 
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Mar 10, 2007, 04:04 PM
#28
Excise Tax
Yes motor vehicle excise tax stinks.
No not all states have it.
I'm happy to live in PA where we don't have motor vehicle excise tax.
I used to work for a company and we wrote state and local tax systems. One of the first things I learned about is motor vehicle excise tax and and personal property tax. I can not tell you how shocked I was to learn some states charge a tax on your vehicle every year. Since I've always lived in PA and you only pay the 6 percent sales tax once (at the time of vehicle purchase), I was amazed.
Taxes are so different from state to state its amazing. Some very odd rules. Also, and I didn't know this until I leased my wife's current vehicle, in PA we have a 6 percent sales tax on vehicle purchase but a nine percent tax if you lease the vehicle. Hell we pay 8% sales tax if you rent a car.
So yeah, taxes laws make you want to pull your hair out.
No not all states have it.
I'm happy to live in PA where we don't have motor vehicle excise tax.
I used to work for a company and we wrote state and local tax systems. One of the first things I learned about is motor vehicle excise tax and and personal property tax. I can not tell you how shocked I was to learn some states charge a tax on your vehicle every year. Since I've always lived in PA and you only pay the 6 percent sales tax once (at the time of vehicle purchase), I was amazed.
Taxes are so different from state to state its amazing. Some very odd rules. Also, and I didn't know this until I leased my wife's current vehicle, in PA we have a 6 percent sales tax on vehicle purchase but a nine percent tax if you lease the vehicle. Hell we pay 8% sales tax if you rent a car.
So yeah, taxes laws make you want to pull your hair out.
