CO = $700
f***ing libtards
IS that a "fee" or some sort of property tax for new cars older car owners don't pay?
I ask because here in New Hampshire we raise the lion's share of tax revenue on "property". There is no Sales or Earned income tax here.
Plating a car can be pretty pricey for a new car vs old. The plate fee is based on weight. A car or light truck comes in at just under $50 regardless of age or value.
BUT........you do also pay a town tax on the value of the car. Varies wildly from model to model. You get hit based on the based price of your trim level. It declines over a period of the first 7 seven years and then stops right at that value.
You could easily pay $1,000/year or more in your first year on a new Corvette. A Hell Cat would get you there too......but it declines pretty quickly in the years that follow.
When asked about it. I just shrug my shoulders and say, "It might surprise you but I like my BIG PROPERTY tax bills!"
The argument goes like this. I consider what I paid over the years in property tax on my home and vehicles plus the very small bill I get for interest and dividends.....then weigh that vs the income tax on paychecks we didn't plus all the sales tax we didn't have to pay........Yeah, think about that one. The price of a car in New Hampshire is the price of the car......no extra sales tax (leaves plenty of room to pay those property taxes in first few years before they are much smaller)......we're MILES AHEAD here vs living in a State that has all three Big Broad based taxes (Income, Sales and Property)