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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. The "Billionaire Tax"

The "Billionaire Tax"

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  • MikM Offline
    MikM Offline
    Mik
    wrote on last edited by
    #21

    North Carolina still has value-based car licensing.

    "You cannot subsidize irresponsibility and expect people to become more responsible." — Thomas Sowell

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    • JollyJ Offline
      JollyJ Offline
      Jolly
      wrote on last edited by
      #22

      If we shouldn't continue to tax an asset, what about property taxes?

      And...I've been told (and I'm too lazy to research it) that some states will levy a property tax on movable items, such as furniture.

      “Cry havoc and let slip the DOGE of war!”

      Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

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      • jon-nycJ jon-nyc

        LD - you have value based car registration ?

        Indiana had that for only the first year but it was huge.

        Ours is a flat rate. Of course gas tax is use based

        LuFins DadL Offline
        LuFins DadL Offline
        LuFins Dad
        wrote on last edited by
        #23

        @jon-nyc said in The "Billionaire Tax":

        LD - you have value based car registration ?

        Indiana had that for only the first year but it was huge.

        Ours is a flat rate. Of course gas tax is use based

        Not car registration, that’s state. This is a county tax. $4.20 per $100 assessed value.

        The Brad

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        • Doctor PhibesD Offline
          Doctor PhibesD Offline
          Doctor Phibes
          wrote on last edited by
          #24

          Our excise tax on cars is $25 per $1000 of it's value.

          A bit of a nasty surprise this year.

          I was only joking

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