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Old 12-28-2018, 11:27 PM   #33
Boog
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Join Date: Mar 2001
Location: Searcy, Ark. USA
Posts: 13,011
Cool Re: Inflation and Taxation

Quote:
Originally Posted by dsy1 View Post
I have never understood taxes on used vehicle sales. The car or truck was taxed when it was first sold. A used transaction just moves the vehicle to a new owner, it does not by itself create any new value. A car that is sold five times in 10 years is taxed on value 5 times, a car with one owner for 10 years gets taxed once. I don't get it.
Excellent points!
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Boog
69 Chevy stepside, 358/T350, 4.11 posi, 4.5/4 drop, rallys, poboy driver
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91 Chevy sportside, Tahoe, Yukon & GMC Crewcab All GM..'nuff said.

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