The Mudcat Café TM
Thread #118410   Message #2566856
Posted By: pdq
14-Feb-09 - 01:14 PM
Thread Name: BS: You and the stimulus plan
Subject: RE: BS: You and the stimulus plan
"New Mexico Legislature is moving to increase taxes on vehicles. Other states will probably follow."

Oh, wonderful. An increase in sales tax supresses car sales. It has been demonstrated many times. After all, a $30,000 vehicle will cost the buyer between $2000 and $3000 in sales tax depending on the state where sold.

States like California extract an annual registration fee that is huge, seeming punative.

In Nevada, I just re-registered my old car for "$33.00 REG FEE and $11.00 BASIC GOV SVCS TAX", unquote. Quite resonable.