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10-22-2019, 05:35 PM
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#61
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Sep 2012
Posts: 11,702
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 Quote:
Originally Posted by Tiger8693
Well, there is that! 
However, I don't think states that have an income tax (  ) go back and determine the last 2,3 or 4 years income and try to apply State tax once you move in.
But thinking further, as mentioned, SC only charges a max auto sales tax (I think $300 the last time I was there), but every year you get a Property Tax notice on your vehicle which is quite a bit (depends on the year, value). And i am sure that SC doesn't care that folks from Tx paid 6.4% Sales tax at purchase, and once you are a SC resident, you will start paying that annual property tax.... hmmmmm.
Well, as they say, two certainties in life..... |
NC too. The "optimistically calculated" value of your car is taxed at the real property rate and you get charged yearly.
And we have income tax.
It is one reason I'm not in a hurry to upgrade my ride. One of the benefits of an older car is lower personal property tax.
__________________
Retired Class of 2018
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10-22-2019, 05:41 PM
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#62
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Thinks s/he gets paid by the post
Join Date: Dec 2015
Posts: 2,232
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Fargin bastidges!!!
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10-22-2019, 06:17 PM
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#63
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Thinks s/he gets paid by the post
Join Date: Aug 2014
Location: Chicago West Burbs
Posts: 3,019
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Getting back to Illinois taxes, at least they abolished the annual personal property tax back in the late '60's. I got my first and last personal property tax bill at the young age of 15 yrs. And I paid it.
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10-23-2019, 06:45 AM
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#64
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Thinks s/he gets paid by the post
Join Date: Jun 2017
Location: Western NC
Posts: 4,633
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Quote:
Originally Posted by JoeWras
NC too. The "optimistically calculated" value of your car is taxed at the real property rate and you get charged yearly.
And we have income tax.
It is one reason I'm not in a hurry to upgrade my ride. One of the benefits of an older car is lower personal property tax.
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Don't forget the 3% "highway use tax" on any new NC vehicle registration, whether on a purchased vehicle (new or used) or one you already own brought in from out of state.
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10-23-2019, 07:20 AM
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#65
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Sep 2012
Posts: 11,702
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Quote:
Originally Posted by ncbill
Don't forget the 3% "highway use tax" on any new NC vehicle registration, whether on a purchased vehicle (new or used) or one you already own brought in from out of state.
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Dang. Here I am busting on my old state of IL, and maybe I have to look in the mirror at my current state. I'm paying a lot of taxes!
__________________
Retired Class of 2018
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