Ct is trying to pass a new Bill that will do a 400% increase on Antique Cars

[LeoVampire]

Help Stop the Connecticut Collector Car Tax Increase
April 14, 2011
http://www.historicvehicle.org/Latest-News/News-archive/April-2011/2011/04/14/%7E/media/Images/Articles/HVA%20Article%20Images/HVA_logo_3D_RGB.ashx?thn=0&w=2 11



View larger images (http://www.historicvehicle.org/Latest-News/News-archive/April-2011/2011/04/14/Help-Stop-the-Connecticut-Collector-Car-Tax-Increase?gallery=1)

The Connecticut State Legislature is actively considering a bill targeted at collector car owners that would result in a 400% tax increase on the personal property taxes paid for antique vehicles. This move would raise the personal property tax cap from $500 to $2500 for each registered antique car. The Historic Vehicle Association, an organization dedicated to protecting the rights of collector car owners and an affiliate of Hagerty, has been working to kill this bill but we need your help.
The proposed tax increase would apply to registered antique vehicles that are 30 years or older. If a vehicle is registered as a regular driver and not registered as an antique then no property tax cap would apply and the increase could be even more.
The negative impacts of this proposed tax in HB 5580 are as follows:


This 400% tax increase focuses on one percent of the population potentially causing an antique vehicle owner to pay more vehicle tax than property tax for their home.
This attempt to raise $2 million for local municipalities could potentially cost the state money through deferred registration of antique vehicles where people are tempted to register their cars in other states or sell their antique vehicles outright.
Nationally, antique car owners spend $35 billion each year and donate more than $59 million to charitable organizations. Connecticut car clubs host hundreds of events each year and support for these events, charities and local business revenue could suffer or completely disappear. Less antique cars would have a negative overall economic impact in the State of Connecticut.

The Historic Vehicle Association urges everyone to contact Connecticut State Legislators to encourage them to oppose House Bill 5580. Contact information for each Connecticut Legislator can be found below. Please call to tell them what you think about this anti-hobby money grab:

[DOOM]

:eek: :eek: :eek: :eek: :eek: :eek: :eek: :eek: :eek: :eek:

[Haggis]

A$$hats!!!!! :mad2:

All Politicians shouls take a 25% to 50% pay cut to help pay for the deficit.

[Egon Spengler]

That is unbelievable. Yes another case of us having to pay for their mistakes...

[LeoVampire]

If it passes we are moving that is for sure!

I have the Marauder under listed under Hagerty Ins. as a collector car so that would mean they could charge what ever they want for tax's each year on her and through the registry of motor vehicles they can get that info.

[sailsmen]

It is a luxury item, if you cannot afford it sell it. People are hurting out there and more Gov't spending will stop the pain.
Do you want the less fortunate to suffer or antique car owners pay their fare share?

[LeoVampire]

It is a luxury item, if you cannot afford it sell it. People are hurting out there and more Gov't spending will stop the pain.
Do you want the less fortunate to suffer or antique car owners pay their fare share?

Your joking right? :mad2:

We just need to keep our money in the U.S. and not help everyone else outside the country unless it is profitable.

[Egon Spengler]

If it passes we are moving that is for sure!

I have the Marauder under listed under Hagerty Ins. as a collector car so that would mean they could charge what ever they want for tax's each year on her and through the registry of motor vehicles they can get that info.
See if it would be cheaper to insure it as a regular vehicle instead of a collector car or antique! That may be an alternative???

[sailsmen]

If you own an antique car you can afford the tax because you have more than you need.

Look at how successfull the Luxury Tax was in the USA and France.

[Blackened300a]

It is a luxury item, if you cannot afford it sell it. People are hurting out there and more Gov't spending will stop the pain.
Do you want the less fortunate to suffer or antique car owners pay their fare share?

http://1.bp.blogspot.com/-PU4lBemSass/TeUoHFEQRcI/AAAAAAAAADg/xEwnnGEVyMk/s1600/dog-dude-wait-what.jpg

[Blackened300a]

If you own an antique car you can afford the tax because you have more than you need.

Look at how successfull the Luxury Tax was in the USA and France.

What if I own a honda civic for 25 yrs because Im just a cheapo. Do you feel I can afford the tax as well?

[LeoVampire]

See if it would be cheaper to insure it as a regular vehicle instead of a collector car or antique! That may be an alternative???

So give up getting enough money to replace her with something comparable and new like I bought her if she is totaled out to a Ins. company that will only give you book value not collector value?

Progressive wants $1,450.00 a year with a $250.00 deductible with only a pay off of $12,000 max that doesn't cover the add on's to the car.

Hagerty I pay $725.00 a year with a $70,000.00 pay off and $0.00 deductible.

So it is kinda a no brainer there.

[Blackened300a]

My Uncles 442 is insured up to $25K and it costs him something like $350 a year or something really cheap like that. The thing is that he never takes the car out, I dont think he put 1500 miles on the car since the engine rebuild 6 yrs ago. It makes no sense to insure or register it like a regular car. He spends less in gas for the year.

[MrBluGruv]

It is a luxury item, if you cannot afford it sell it. People are hurting out there and more Gov't spending will stop the pain.
Do you want the less fortunate to suffer or antique car owners pay their fare share?

I hope you are being sarcastic here, this kind of surprises me if you are being serious.


If you are, I'd counter it with: "this destroys any incentive to have nice things, and effectively diminishes anyone's desire to bother working hard or produce quality things."

Last time I checked, the great majority of people out there that can afford the purchase and upkeep of a well-maintained antique car already paid their "fair share"...


Now come on, we're waiting for the "lol j/k". :D

[guspech750]

It is a luxury item, if you cannot afford it sell it. People are hurting out there and more Gov't spending will stop the pain.
Do you want the less fortunate to suffer or antique car owners pay their fare share?

Let them suffer. Most made stupid choices in life. Fk them!!

Let reward those who made asshat choices in life and punish the ones who didn't. I hope you are joking other wise you are as stupid as those who want more freebies!!



Sent from my iPhone
Go White Sox!!!

[sailsmen]

What if I own a honda civic for 25 yrs because Im just a cheapo. Do you feel I can afford the tax as well?

Yes, from all the money you saved up from not buying a new car! Your selfish stinginess by stuffing that money in your mattress to sleep on kept it out of the ecnonomy where it would have benefited others!

Taking money from those who have it, keeping an admin fee for your troubles and giving it to others is the most alturistic act of man kind.

Free your self from your excessive greed and let the Gov't take all you do not need as only Gov't can deem.

People are starving and homeless!

[mrjones]

What's a property tax?

Even with all our problems, Texas is a great state.

I just put Antique Vehicle plates on my old F150. $50 and it's good for 5 years.

[MOTOWN]

just something else for politicians to attack, and tax to the point of no return!

[LeoVampire]

What's a property tax?

Even with all our problems, Texas is a great state.

I just put Antique Vehicle plates on my old F150. $50 and it's good for 5 years.

Massachusetts calls it a road tax that you pay on your car each year but in CT it is handled like a house Property tax.

The mill rate changes for what ever city you live in. In Waterbury we pay a bit more because the state had to bail them out of Bankruptcy.

Before that happened they raised the mill rate to a point where half the elderly lost their houses to back tax's and still a ton of those homes are empty now or drug users are squatting in them.

They found out years down the road the politicians were stealing from the city. :censor:

Plus CT went for years without an income tax and Massachusetts was called TaxaChusetts instead. Now CT has more tax's than Mass to stay afloat for years of being stupid.

Gasoline tax and income tax just went up again in the state as well as extra to have a pet groomed get a hair cut, cigarets and now have to pay extra for plastic bags out of a grocery store to cover recycling of them.

[MrBluGruv]

just something else for politicians to attack, and tax to the point of no return!

In that sense too, we all knew it was a matter of time.

As many others have predicted before, I'm sure next will be a V8 tax, or a higher-than-set-displacement tax.

Heck then we may see a horsepower tax (as if higher insurance rates weren't enough of a "tax" already, amirite?).

Two-seater tax, 4-wheel tax, etc...

[sailsmen]

The answer is here, a/k/a MOB RULE; "This 400% tax increase focuses on one percent of the population"

[guspech750]

It starts with 1% then migrates it's ugly head up to 20% then it's " it's only 45% of the population". Once it starts. It will not stop!! Duh!!

Why should I or the richest man in the country have to pay for others who choose not to do the right thing and be a productive human being. Where does it stop!! Why should I work X amount of hours in all kinds of weather just so some asshat can sit in his/her apartment playing PS3 and crapping out 6 future worthless kids that I will be paying for too? There is nothing you can say that is right to defend these Bozos!!

I have an idea. Since you are ok with it. You pay it for others too!!

What? What? You dont want to. Oh that's right. That would not be fair to you.

Sent from my iPhone
Go White Sox!!!

[MrBluGruv]

The answer is here, a/k/a MOB RULE; "This 400% tax increase focuses on one percent of the population"

It's the fruition of the democratic ideal. Years ago, pick a minority group, build them in numbers by keeping them down but continue to have them grow, then when they are actually the statistical majority, back them entirely through legislation attacking the old "majority".

Complete power over an enormous voter base in poverty, regular kings of the trash pile.

[sailsmen]

It's the fruition of the democratic ideal. Years ago, pick a minority group, build them in numbers by keeping them down but continue to have them grow, then when they are actually the statistical majority, back them entirely through legislation attacking the old "majority".

Complete power over an enormous voter base in poverty, regular kings of the trash pile.

Stop speaking the truth it gets in the way of my power! LEts call you names that you cannot defend yourself from!

[dakslim]

One of the three top reasons I left Ct. when I retired was the taxes and high cost of living. I paid almost $1,000 a year in property taxes on my Marauder alone...were the roads better? Hahahahaha! Here in NC I pay $100 a year. The other two reasons were the traffic and weather.

[Z28 Autobot]

I thought this was a joke??!?!?!

[bugsyc]

The most intelligent reply to this subject is "poo poo on you you" If you want to raise taxes to support the poor,move to a socialist regime or just wait around for a few years and you'll be in one...:rolleyes:

[LeoVampire]

I thought this was a joke??!?!?!


Nope no joke @ all this bill is actually on the docket to be voted on.

[rayjay]

Are you sure its CT and not NYS???? Sounds like something the Off Brothers in Albany would come up with. We have more taxes, fees, ect than any state in the nation. Then the powers that be can not figure out why NY is hemmoraging population. We are outta here too, its just a matter of timing at this point.

[Krytin]

No, this is a joke - an April Fools article from a Automotive writer.

This has been circulating the internet since April and just had a small write-up in Hagerty's Magazine!

[SMOKE]

^^No, it's really real for real....although the regular session of the General Assembly wrapped last Wednesday at midnight and the last action taken on HB5580 was April 7th...so unless the Gov calls for a special session (he probably won't since all his major items made it) I'm not sure we'll hear more on this just for now...

Best,
Jonathan

[Krytin]

^^No, it's really real for real....although the regular session of the General Assembly wrapped last Wednesday at midnight and the last action taken on HB5580 was April 7th...so unless the Gov calls for a special session (he probably won't since all his major items made it) I'm not sure we'll hear more on this just for now...

Best,
Jonathan

My Bad - this is what I was thinking of!

Collector Car Tax a Hoax, But This Looming Threat Is Real



April 25, 2011



http://www.historicvehicle.org/Latest-News/News-archive/April-2011/2011/04/25/~/media/Images/Articles/HVA%20Article%20Images/April2011/Car_Tax_Main.ashx?thn=0&w=211

By now, most have heard about the Shelby American Automobile Club’s annual April Fool’s prank that went viral. The article about Senator Charles E. Schumer of New York proposing a federal tax on specialty automobiles spread like wildfire through the hobby.
Everyone was relieved that the SAAC article (http://www.saac.com/index.php?option=com_content&task=view&id=258&Itemid=2)turned out to be a hoax and, on a more positive note, it was great to see how strong the hobby “emergency response” grapevine is coast-to-coast. Wouldn’t it be great if real threats like this one coming out of Connecticut got the same outpouring of concern?
Connecticut Targets Historic Vehicle Owners
The Connecticut State Legislature is actively considering a bill targeted at “collector car” owners that would result in a 400-percent tax increase on the personal property taxes paid for antique vehicles. This move would raise the personal property tax cap from $500 to $2500 for each registered antique car.
The proposed tax increase would apply to registered antique vehicles that are 30 years or older. If a vehicle is registered as a regular driver and not registered as an antique then no property tax cap would apply and the increase could be even greater.


The negative impacts of this proposed tax in HB 5580 are as follows:

This 400-percent tax increase focuses on one percent of the population, potentially causing an antique vehicle owner to pay more vehicle tax than property tax for their home.
This attempt to raise $2,000,000 for local municipalities could potentially cost the state money through deferred registration of antique vehicles where people are tempted to register their cars in other states or sell their antique vehicles outright.
Nationally, antique car owners spend 35 billion dollars each year and donate more than $59 million to charitable organizations. Connecticut car clubs host hundreds of events each year and support for these events, charities and local business revenue could suffer or completely disappear. Fewer antique cars would have a negative overall economic impact in the State of Connecticut.
The HVA urges interested parties to contact Connecticut State Legislators to encourage them to oppose House Bill 5580. Contact information can be found at www.historicvehicle.org/Help-Stop-CT-Tax-Increase (http://www.historicvehicle.org/Help-Stop-CT-Tax-Increase).
For more information on legislative initiatives pending in your state—and to find out how you can get involved and have your voice be heard—please visit the Legislative Watch page (http://www.historicvehicle.org/Latest-News/News-archive/April-2011/2011/04/25/~/link.aspx?_id=DDCFCD446D5C464A 89DC04200D04EDCB&_z=z).

[silver bullet]

^^No, it's really real for real....although the regular session of the General Assembly wrapped last Wednesday at midnight and the last action taken on HB5580 was April 7th...so unless the Gov calls for a special session (he probably won't since all his major items made it) I'm not sure we'll hear more on this just for now...

Best,
Jonathan

You are correct, yet this subject has popped up quite a few times over the years. The CGA even has reviewed the subject of MV taxes every year.
This year they had the forementioned HB 5580,
HB 6102: Which called for a more accurate assessment of Motor Vehicles to reflect their true value (Hint: aimed right at the same subject) and my favorate,
SB 596 which by the way also fell flat in session, To Eliminate Motor Vehicle property tax :)
Every year they try to come up with better ways to get $$

Gotta love CT

[MrBluGruv]

It's like our government wants to take the worst parts about living in every other country on earth and wrap them up in one package. Socialist tendencies, extreme corruption and scandal, croneyism, a taxing plan that would make even the British jealous, etc...

[kernie]

It's like our government wants to take the worst parts about living in every other country on earth and wrap them up in one package. Socialist tendencies, extreme corruption and scandal, croneyism, a taxing plan that would make even the British jealous, etc...

Someone needs to get out and see the world.

[MrBluGruv]

Someone needs to get out and see the world.

Beg your pardon?

[kernie]

Beg your pardon?

Someone needs to get out and see the world.

[MrBluGruv]

Someone needs to get out and see the world.

Beg your pardon?

[wickedmerc]

He said:
"Someone needs to get out and see the world."

...and kernie, MrBluGruv said:
"Beg your pardon?"

Sometimes those little letters are tough to see. :D