Taxes?!
#31
I agree. I am in about a 50% tax bracket (federal, state, and extra ObamaCare Medicare taxes).
It happens. I still managed to pay cash for a new 991. It was worth every dollar spent. You earn $200,000 to buy a $100,000 car.
In GA, there is a new law that allows you to avoid yearly car taxes by paying 6.5% up front. It's complicated. My old longhood cars were bought before the law changed. I am keeping them forever.
My 991 is still the best car that I've ever owned (Agate is the faster color).
It happens. I still managed to pay cash for a new 991. It was worth every dollar spent. You earn $200,000 to buy a $100,000 car.
In GA, there is a new law that allows you to avoid yearly car taxes by paying 6.5% up front. It's complicated. My old longhood cars were bought before the law changed. I am keeping them forever.
My 991 is still the best car that I've ever owned (Agate is the faster color).
Last edited by mtony; 07-07-2015 at 08:21 AM.
#32
I agree. I am in about a 50% tax bracket (federal, state, and extra ObamaCare Medicare taxes).
It happens. I still managed to pay cash for a new 991. It was worth every dollar spent. You earn $200,000 to buy a $100,000 car.
In GA, there is a new law that allows you to avoid yearly car taxes by paying 6.5% up front. It's complicated. My old longhood cars were bought before the law changed. I am keeping them forever.
My 991 is still the best car that I've ever owned (Agate is the faster color).
It happens. I still managed to pay cash for a new 991. It was worth every dollar spent. You earn $200,000 to buy a $100,000 car.
In GA, there is a new law that allows you to avoid yearly car taxes by paying 6.5% up front. It's complicated. My old longhood cars were bought before the law changed. I am keeping them forever.
My 991 is still the best car that I've ever owned (Agate is the faster color).
The Ad Valorem/registration fees on my wife's 2007 MDX was over $350 this year on the old system. My 2015 RDX registration fee was again, a measly $20.
I think, but could be wrong, that the max under the new system is 7%, and it does not go higher. Really no different than the current sales tax rate we have anyways. You pay 7% and no sales tax, not 7% plus sales tax.