Re: non-Audi content (U.S. taxation)

[Kneale Brownson <knotnook@traverse.com>]

In Michigan, Bob, the annual license plate TAX is figured upon the
Manufacturer's declared retail value FOREVER with no allowance for
depreciation.  I paid between $2 and $6K for my three licensed Audis, but
I'm taxed each year on values between $35 and $50K.

Kneale Brownson



At 06:42 PM 6/16/99 -0500, Virtual Bob wrote:
>Could someone familiar with (roughly) how taxation works explain this to
>me? My mom just received tax for my sister's '89 Camry. Now, the Nebraska
>state is charging her with assessed value of $10,500 -- which is about
>$6700 more than Kelley Blue Book is listing for that particular Camry. In
>fact, that value is only $2000 less than what my mom paid for the car new
>-- hmmm... $2000 depreciation over 10 years is damn exemplary!
>
>Of course, the tax is calculated upon that assessed value. What are we
>missing?
>
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