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Do we tax cars? I though we only tax road use, and this tax income goes into road maintenance, not medicine or whatever.
by lightgreen 5y ago
Do we tax cars? I though we only tax road use, and this tax income goes into road maintenance, not medicine or whatever.
- Retric 5y agohttps://www.carvana.com/research/2020/03/do-you-have-to-pay-taxes-on-your-car-every-year/ https://www.carvana.com/research/2020/03/do-you-have-to-pay-... It varies but many state and local governments collect personal property taxes on based on the vehicle’s value. What’s notable is US property taxes are generally regressive. 3.6% for the bottom 20% down to 0.7% for the top 1%. https://en.wikipedia.org/wiki/Property_tax_in_the_United_States https://en.wikipedia.org/wiki/Property_tax_in_the_United_Sta...