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Montana registration crack-down

Discussion in 'Ferrari Discussion (not model specific)' started by Terence Courtnage, Oct 25, 2018.

  1. Korr

    Korr F1 World Champ
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    They provide you with the ability to pay for their $200k/yr retirements.
     
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  2. bcorner

    bcorner Karting

    Aug 25, 2017
    58
    I purchased my car in Florida. Paid the taxes without any reservations. If I change my residency to ga. I’m expected to pay them again. And it’s based of the purchase price, not the current value. How is that fair?


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  3. BT

    BT F1 World Champ

    Mar 21, 2005
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    Actually it is not based on the purchase price. We went through this when I moved to GA 7 years ago. Had recently bought two cars while living in Florida and paid the sales tax there. Georgia tells you the value of the car, and you pay the TAVT based on that. The number for the Camry we had was actually higher than we paid for the car when it was new a few months earlier. It's a real pain in the wallet.
     
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  4. henryr

    henryr F1 World Champ
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    the GA system is a mixed bag....

    if your moving here you might want to look at selling/trading in your car and buying a new one as your paying the TAVT regardless. but once paid the plates/reg is $20 or so a year.

    favors long term holders.
     
  5. CornersWell

    CornersWell F1 Rookie

    Nov 24, 2004
    4,565
    I assume your statement wasn't made in jest. Generally, road taxes are (or should be, IMO) based on usage (like, for example a gas tax...the more you drive, the more fuel you consume, the more you pay into a fund that goes towards road maintenance and construction). However, arguably, the fuel taxes ($0.25/gallon?) are so small that they haven't kept up. There may also be toll roads that are like hidden taxes, for example.

    Or, then there's the problem of misallocation of resources, waste and so forth that I don't plan on getting into.

    But, many of us also pay property taxes on real (and personal) property to pay for things like roads and other services. And, then there are sales taxes on top of those. And, income taxes or other infrastructure taxes, too (check your water, electric, sewer, telephone, cellphone, internet, cable or other invoices if you doubt me). And, I could go on and on.

    The general problem, however, is that Governments, by virtue of the fact that they allocate resources through a political process, can't do their jobs with the amount of funds they receive. This is an overly-broad statement, so it's not absolute. But, it does serve to illustrate the point that many of their "solutions" to shortfalls are more taxation.

    IL is currently going through death throws over it. They've raised taxes to the point people are leaving the State, which means that there are fewer left to tax (and FAR fewer high-earners). So, raise taxes more? It's just a spiral down to further insolvency. States need to learn from other's mistakes.

    CW
     
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  6. Daddy

    Daddy Rookie

    Jun 4, 2018
    10
    Sounds like you're talking out of your ass, as usual.

    It's amazing that every patsy repeats a variation of the same exact same talking points. You guys are like preprogrammed robots.
     
  7. bcorner

    bcorner Karting

    Aug 25, 2017
    58
    I was told that because they had no value history on the car it would be based off the sticker price.


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  8. Nospinzone

    Nospinzone F1 Rookie

    Jul 1, 2013
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    Paul
    In Massachusetts the yearly excise tax goes into the treasury of the town where you live and register your car. Every year we have a town meeting and vote on various budget items. Typically the "goods or services" provided are schools, police and fire, public works, library, etc. ....... you know, all the things you enjoy in a free society. And the best part is if you don't like it you're free to move to Montana.
     
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  9. pilotoCS

    pilotoCS Formula 3
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    " . . . . if you don't like it you're free to move to Montana."

    ^^^^^ this ^^^^^
     
  10. Nospinzone

    Nospinzone F1 Rookie

    Jul 1, 2013
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    This a great deal for Montana, they collect your taxes (aka fees) and don't have to provide you with a damn thing.

    Their biggest nightmare is if everyone from out of state who registers their cars there actually move there. The crush of people will force them to raise registration fees and taxes! :D
     
  11. BT

    BT F1 World Champ

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    Could be for an exotic / obscure model car. They used some database for the typical vehicles for sale. We paid $21,500 OTD for our car new, and the TAVT was based on $23,000. It's kind of a ripoff, but if you don't switch cars often it is tolerable.

    :D
    BT
     
  12. Hoodude

    Hoodude Formula 3
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    RE
    Good example of “Deadweight Loss”...and the loss is MA’s,innit? It’s counter-productive,inefficient,dare I say stupid,arrogant,authoritarian,prissy,finicky,dare I say dumb,abusive.
    Lots of states property rules,and taxes,are flat out of context,illogical causing many unnecessary choices and decisions that should be appealable,on some reasonable grounds. Upping sticks just goes outside the bounds,but MA can be ok,crowded,and MT is very nice,big,sky.So there’s that. CheersRE
     
  13. Preston Joslin

    Feb 14, 2019
    25
    Indianapolis
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    Preston Edward Joslin
    Solution: register the Ferrari in Montana and garage it there for a few months out of the year then send it back to Carmel.
     
  14. BT

    BT F1 World Champ

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    North Georgia and western North Carolina should last at least through my lifetime with small government ideals (that's my hope anyways).

    :D
    BT
     
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  15. Hoodude

    Hoodude Formula 3
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    And oh..a click off tangent,but Shirley related..NY GuvCoumo ‘‘twas complaining about all these hi-earners moving to “Montana” and taking their nice 1099s and w2s with them...now that the irs has put a lower cap on SALT...all those prop/tax rates are gonnabite some where they live and park,huh.
    Guess his Econ professor at Fordham didn’t stress the deadweight loss issue loud enuff..or I dunno,maybe he dropped his pencil,didn’t hear that.
    Gotta pay those garbage folk and teachers..and retirees,no question. Amoung others...cheersRE
     
  16. 308 milano

    308 milano F1 Rookie
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    Jan 15, 2007
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    Like usual LOL. Join date 2018 and 7 posts. Made my morning!
     
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  17. Texas Forever

    Texas Forever Four Time F1 World Champ
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    I remember many years ago hanging around in a small town outside of Boone, NC. It was votin' day. Every now and then, one of the men would get up and go over to the court house, presumably to vote. But not everybody. Frankly, it was a waste of time. Everybody knew who would win. In fact, for the longest time, liquor by the drink was illegal in them mountains. Church folks didn't want it. Moonshiners didn't want it either.

    Ps. No women voted.
     
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  18. NeuroBeaker

    NeuroBeaker Moderator
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    Oct 1, 2008
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    Ok, you two, break it up.

    2-day thread reply restrictions for both of you to assist in the cooling off.

    All the best,
    Andrew.
     
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  19. Natkingcolebasket69

    Rossa Subscribed

    Back on the topic I will chime in the following;
    In Florida I see countless of Montana plates no one seem to care...
    When I’m in Cali it’s a crime...
    For living in those 2 states I personally think,without any politics involved, that California is in dire need for money and us as citizens get little for the extra tax we pay living there: the roads, the parks etc are all in better shape in Florida...

    That crackdown makes little sense to me. Are those company offering to create a llc and register ur car in Montana illegal? Is it legit? If yes why not !? Where does the illegal border begin?
    https://www.49dollarmontanaregisteredagent.com/montana-registration/exotic-car


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  20. Glassman

    Glassman F1 World Champ
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    It is totally legal to create an LLC in Montana and register your outrageously expensive cars there with no sales tax. But if you want to take them home with you to your home state outside of Montana you may be in for grief. Is that so ****ing hard to understand. That's why the real Big Boys store their cars in Montana. Ship them to a show and ship them back. I know where these cars live in Montana.
     
  21. BMW.SauberF1Team

    BMW.SauberF1Team F1 World Champ

    Dec 4, 2004
    12,602
    Maybe California needs to stop paying their public workers more than specialized physicians. The salaries and pensions they pull down are not sustainable. You reap what you sow.
     
  22. Natkingcolebasket69

    Rossa Subscribed

    No need to curse lol


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  23. Natkingcolebasket69

    Rossa Subscribed

    Agreed——-I am only back temporarily back in California and moving back to FL: real estate , taxes are not sustainable here... google
    Already built a huge data center in Nevada and lors firms
    Are moving to AZ. Agree with u


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  24. sixcarbs

    sixcarbs F1 Veteran
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    Dec 19, 2004
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    Statistics are a funny thing.

    How do those percentages look based on Gross Income and not AGI?
     
  25. BT

    BT F1 World Champ

    Mar 21, 2005
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    Bill Tracy
    VAT would be a nice replacement for income tax, but our government will never give up the income tax racket. It offers too much money to waste, and an endless opportunity to play the populace against each other.
     
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