Quote:
Originally Posted by 1ntCobra
Pennsylvania does not have property tax on cars either. Hearing that other states have property taxes on cars sounds strange to me. I should be looking out for all of the taxes that other states have in case I decide to move to another state when I retire.
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How much does it cost to register? Here's the breakdown of our Honda registration:
Registration 33.00
Gov (prop tax) 196.99
Supl Gov Svcs Tax 49.00
Tech fee 1.00
The "Gov" and "Supl Gov Svcs Tax" are deductible as personal property taxes on Fed income tax.
Both here and in CO, the tax portion is depreciated - it goes down every year until it reaches a minimum and then stays there. I don't recall what the time period is.