ExciseTaxes


Class warfare: Exotic car owners in MA got massive tax break

Owning a high-end car? Fun. Paying the hefty vehicle tax on it? Not so much -- that is, unless you live in the state of Massachusetts. From the late 1990s to 2007, the state's Registry of Motor Vehicles missed collecting $32 million a year in annual taxes because it used the NADA database to calculate them for some 131,000 exotics or otherwise premium vehicles. Unfortunately for the RMV, NADA's database excludes high-end luxury vehicles, so there was no proper way to tax those cars in the state. If, for instance, you purchased a Bugatti ... Read more →

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Autoblog Podcast #156: Paukert comes back for more! 

Chris, Dan, and Editor Paukert chat and give each other grief. Merriment ensues.

 
 

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