The so-called "birthday tax" that Georgia vehicle owners pay will end in March 2013 -- for people who purchase a new vehicle.
Effective March 1, 2013, House Bill 386 removes the sales tax and the annual ad valorem tax on newly purchased vehicles, according to a Gwinnett County newsletter.
Instead, there will be a new title tax of 6.5 percent in 2013 -- only due each time the vehicle is sold and titled. It applies to dealer sales as well as sales between individuals.You'll pay this tax in the county where you register the vehicle.
However, you will continue to pay the annual ad valorem tax on vehicle(s) that you currently own.
Other aspects of the new law:
- The new title tax is based on a percentage (6.5 percent in 2013) of the fair market value of the vehicle, not the sales price, as determined by the Georgia Department of Revenue.
- If you purchase a vehicle in Georgia between January 1, 2012, and March 1, 2013, you have the option of paying the new title tax instead of the current annual ad valorem tax. You have from March 1, 2013, until December 31, 2013, to opt into the new program. Note: Vehicles purchased out-of-state are not eligible to opt in.
- All other existing annual vehicle registration requirements, including annual tag renewal fees, decals, and emission tests (if applicable), remain in effect for all vehicle owners.
Before readers start tangents of housing, homes, mortgages, foreclosures, etc. All these norms are political manifestations. A dwelling is what people reside in. And to the extent that a dwelling is taxed, changes the behavior of the occupant in order to evade and aviod a tax on it. History has many lessons here. Windows being bricked up, Chimneys being joined etc. States & Counties should shift their revenue raising capacity from taxing people and their buildings, products and service to the rental value of land only. This is a site revenue society that replaces land price and taxes so that the cost of living is non existent as they are two highest cost of living that are the cause of inflation. As there is no production of land. A higher level of freedom would arise incomparable to what the reader has experienced thus far. The first task is to get the annual site value of land on the property assessment notice. Even if everybody has to write it on by hand !!!
I'm sure you'll feel differently when your neighbor breaks in to your double-wide and steals your favorite bowling shirt.