Icefyre79

Icefyre79 t1_jebdziu wrote

Are you trading too? If so, the sales tax is calculated on your out-of-pocket price. So, if the new car is $40,000 and they give you $18,000 for your trade, you only pay sales tax on $22,000.

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Icefyre79 t1_j0x3128 wrote

Don't forget Prop. 2 ½. That legislation, enacted in 1980, stipulates that tax levy limits can only be increased by 2 ½% each year, barring an override.

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