Submitted by Jawaka99 t3_121awcg in Connecticut
Comments
Itsmoney05 t1_jdnb0ux wrote
The mv mill rate is capped at 32 throughout CT. The lower property value towns choose to tax motor vehicles at that maximum rate.
Wealthier towns with a low real estate mill rate simply set the auto rate the same as their real estate resulting in a low mv tax bill.
Greenwich has an 11 mill rate. Their entire net taxable grandlist for the town is over 34 billion. The towns budget needs are roughly 400,000,000. Or roughly $6,500 per capita.
Meanwhile Bridgeport has a mill rate of 43.45. Their entire net taxable grandlist is 6.4 billion. Town budget is roughly 347,000,000. Or $2,300 per capita.
Tax payers in Greenwich are still paying much more in taxes per person, but their effective tax rate is lower because their property values are so high in relation to the towns budgetary needs. The IMPACT of the higher taxes however is much lower in Greenwich.
If you take the mill rate of a town divided by 70% you can quickly see their effective tax rate. Which shows that Greenwich is around 1.5% while bridgeports is around 3% depending on how you cut it.
pittiedaddy t1_jdnigak wrote
You're talking about property taxes in general. The major difference is with a vehicle tax, someone living in BP will pay 3x the tax on the same vehicle that someone is Greenwich would. What we need is a flat vehicle tax.
Itsmoney05 t1_jdnip0t wrote
No I am talking about overall taxation for the town. Motor vehicle mill rates in this state are capped at 32 mills. Most towns set their mv rate at 32, the maximum. If they want to make it lower, they can. They dont.
keppism t1_jdoxl8o wrote
That just isn’t true at all. I looked through the list and can’t find a single town that charges a higher mil rate on vehicles than on other property. The only time it differ is when vehicle tax is lower due to the state cap. This is publicly available information.
Itsmoney05 t1_jdoyhxr wrote
Check Stamford's for 2017-2020. The mill rate for mv there is 27.25 but has been lower for real estate.
You are wrong. The MV mill rate is set by a towns board of finance. The town can choose to tax mv at any mill rate UP TO 32 mills. Real-estate and personal property mill rates are set separately.
StackCheddar12 t1_jdpjypi wrote
"Tax payers in Greenwich are still paying much more in taxes per person (vs Bridgeport residents)" a better way and more direct way to look at this is someone in Greenwich with a 1 million dollar home is paying roughly $7,700 a year in real estate taxes and some in Bridgeport with a $350k home is paying over $10k. And when you compare the per capita incomes of both places, Bridgeport is paying some of the highest taxes in the nation on a per capita basis! So it's not necessarily true that Greenwich residents pay much more in taxes unless they have really expensive homes!
Wanderer1066 t1_jdmarb6 wrote
Sounds like they’ll just increase property taxes on housing, and we’ll be in the same place.
Suitable_Habit3846 t1_jdmcsij wrote
Good point! This would be a great time to review the spending to see if that revenue didn’t actually need to be replaced.
Itsmoney05 t1_jdn85rv wrote
Every single municipality in this state relys on the mv tax for their grand levy. If they lose that stream of income, they will simply increase tax on real estate and business owners. No cuts to their budgets will be made, guaranteed.
CANOODLING_SOCIOPATH t1_jdmh1e3 wrote
I think we should just elminate the car tax and raise property taxes. We would be in the same place, but it would simplify paying and administering property taxes. It isn't a tax cut, but simply revenue neutral tax reform.
Wanderer1066 t1_jdmhdsd wrote
Because pricing people out of homeownership is solid economic policy.
CANOODLING_SOCIOPATH t1_jdmiy3n wrote
The vast majority of people who own a home also own a car. The property tax is going to go up in almost equal proportion to the amount of money you save in motor vehicle tax savings.
It does negatively impact the people who don't own a car. But I think that can be worth the savings we get from simplifying the tax system by eliminating the motor vehicle tax system
Wanderer1066 t1_jdmlkuf wrote
Property tax going up means costs go up for homeowners and renters. Shelter is a necessity. A car is a convenience. Switching the tax burden from a convenience to a necessity is a bad idea.
The_ConnectiCunt t1_jdnyhii wrote
A car is practically a necessity in CT, if you want to make a living, at least.
Independent_Low614 t1_jdpbbk1 wrote
>A car is a convenience.
I agreed until you said that. A car is a necessity here. My job is 50 miles from where I live because it is in an expensive area but doesn't pay border town salaries. I cannot get to work without a car since public transit here sucks.
Wanderer1066 t1_jdpbelp wrote
Housing is more of a necessity than a car, period.
Independent_Low614 t1_jdpdosi wrote
I don't disagree, but to call a car a "convenience" is disingenuous. CT is NOT a walkable state or a public transit friendly state. If my car breaks down, I am not going to be able to pay any of my bills.
IndicationOver t1_jdmr7rd wrote
Do you know a homeowner personally in the state who does not own a car?
Wanderer1066 t1_jdmtr1b wrote
If you rent, your rent goes up when your landlord’s property tax goes up.
IndicationOver t1_jdn50bw wrote
I said do you know a homeowner personally in the state who does not own a car?
lublinj2 t1_jdnecvv wrote
I highly doubt any one does..unless home owner is older and or disabled and can’t drive
IndicationOver t1_jdmr1n4 wrote
How?
Wanderer1066 t1_jdmvu42 wrote
It was sarcasm
IndicationOver t1_jdn59pz wrote
next time use /s
The_ConnectiCunt t1_jdnykxu wrote
Na that's stupid
overseer3 t1_jdm4ne4 wrote
Lmao classic ct political solution, move car tax to rent :) because we can all chip in a little more rent, am I right? All while the free bus fair ends this month...
russlar t1_jdmis2x wrote
Finally! The Legislature has agreed to... talk more about it? Is that what we're celebrating here?
Jawaka99 OP t1_jdndyr4 wrote
Its a start at least.
ryanw729 t1_jdnrvrv wrote
I’m sure there is a reason but why can’t we have a universal mill rate in the state? Why is someone in Fairfield county paying a fraction of what someone in Waterbury pays. Is the reason simply that the wealthy want don’t want to pay more?
Jawaka99 OP t1_jdo3enx wrote
Do you know what a person in Fairfield County's vehicle tax is?
Jawaka99 OP t1_jdl4pqa wrote
Finally something that can benefit all residents and not just the ones that haven't paid their bills.
1Enthusiast t1_jdlyqjf wrote
Did you read it? It does not read like it is meant for every resident
shortstuff64 t1_jdnuc1u wrote
The only people that benefit are the people that don't own property.
JR32OFFICIAL t1_jdln2l2 wrote
I pray this goes through 🙏🏽
Agreeable_Mango_1288 t1_jdo1ux9 wrote
Property taxes should be baised on income.
Jawaka99 OP t1_jdo30n4 wrote
So the people who choose not to work, sit home and collect federal or state aid continue to contribute nothing?
Agreeable_Mango_1288 t1_jdp8mzn wrote
They probably own nothing of value. Income taxes are assessed on a percentage of income, so should property taxes.
2PlenTiful4U t1_jdm4tal wrote
$900 annually since 2020 vehicle purchase.
18% interest if you are late.
If you don't pay you are reported to DMV so you can't renew your registration.
Registration is another $230
This isnt a tax.
This is FUCKING EXTORTION.
HeyYoJelLo t1_jdm6cwe wrote
Yea. That's why I drive my 97 shitbox. Taxes were like $15. That savings covers the few repairs. I don't drive a lot but it's sure handy not using bus or Uber to work.
BobbyRobertson t1_jdm84rv wrote
I dunno about extortion, but the DMV renewal part is a huge pain in the ass. I lived in Middletown for a few years and they apparently split the city into 3 fire districts. If you live downtown your property tax pays for your fire tax bill. If you live in the outskirts you live in a separate fire tax district.
I went to renew my registration and they were like "I'm sorry, you owe $12 to the Westfield Fire District, you can't renew". Took a week to pay and have the debt cleared from the system, huge pain in the ass.
IndicationOver t1_jdmcjk0 wrote
I had to deal with the fire tax bill before lol annoying for sure.
Jawaka99 OP t1_jdnen27 wrote
I bought my truck new in 2018.
When Corona happened and supply problems started and used car values went through the roof I actually paid more in taxes for my car when it was two and three years old then what I paid when it was new.
Professional_Bird_74 t1_jdn5ykp wrote
Not sure why you’re being downvoted but you’re right.
2PlenTiful4U t1_jdn6n58 wrote
Anything in r/connecticut that is contrary to The Donkey Manifesto is down voted.
Anything Donkeys love, you must love also.
Donkeys love taxes.
I don't= down vote.
Fjb1776abc t1_jdnc66f wrote
Register out of state. Less money we give these fools the better. All they do is waste it !
Jawaka99 OP t1_jdndrcl wrote
That's actually illegal and you can be fined for it.
Fjb1776abc t1_jdnqa72 wrote
Cool well I also own a home out of state so I don’t really care.
keppism t1_jdmqc5n wrote
I'm fine with a car tax in theory, but the way that CT does it with it tied to your township mil rate is really unfair. People who live in lower-property-value towns have higher mil rates to make up the difference in tax revenue. That means that the exact same car will be taxed at much higher rate in more impoverished areas than in wealthier areas. It is very regressive the way it is implemented currently.
If you are going to tax cars, there should be a set mil rate that is applied statewide so that the wealthy don't get to pay fewer taxes on the same car as compared to someone of lower socioeconomic status.