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Old 01-17-2021, 05:55 AM
Redfish Redfish is offline
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Join Date: Jan 2013
Location: M’town, CT
Cobra Make, Engine: Factory Five
Posts: 102
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I stumbled on this 2011 whitepaper, which lists the proponent’s arguments regarding assessment limits on antique vehicles. https://www.cga.ct.gov/2011/rpt/2011-R-0410.htm

I believe some of these are relevant items, and may to add into my letter.

The proponents made the following arguments for the bill:
  1. An antique automobile is the only collector's item subject to the local property tax. Stamps, art, and other collectibles, which can be very valuable, are not subject to the tax.
  2. There are no standards for assessing the value of antique automobiles.
  3. The people who restore antique cars are primarily middle class, not rich.
  4. The requirement that the cars be registered antiques and not used for general transportation provided a fair check and balance against abuse.
__________________
Factory Five MKII - Taxed out of Connecticut

If you live in Connecticut, you need to read this thread on registration and taxation BEFORE purchasing a replica:
http://www.clubcobra.com/forums/regi...re-beware.html

Last edited by Redfish; 01-17-2021 at 06:05 AM..
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