Thread: Excise Tax
View Single Post
Old 03-22-2011, 08:53 AM   #6
nieuwhzn
Registered User
 
nieuwhzn's Avatar
 
Join Date: Nov 2010
Location: Long Island, NY
Posts: 296
Garage
Quote:
Originally Posted by Johnny Danger
Yes, you're correct about the tax being paid to the town. However, its not considered a property tax, but rather a duty that is imposed for the "privilege" of road use, wherein funds are used to reduce the number of "tolls" and to maintain infrastructure . Any any case, its a tax that nevertheless feels like a noose around the necks of the working class !

** Initially the valuation is calculated @ $25.00 per $1,000 based 90% of the original
MSRP of the vehicle. Subsequently, the tax is calculated based on the vehicle's
depreciation .
So, that's more than $1000 initially for a new Boxster? Jeez, now I'm sure, no way that I'm moving back to Boston.
nieuwhzn is offline   Reply With Quote