Surprised to find Illinois fee and tax structures to be so

[sinkingfeeling]

regressive. It cost me, a senior, $301 for tags and title transfer today. In Arkansas, it would have been
$10 for title transfer, $17 for license plates, and about $80 for personal property tax. The yearly tax goes down as the car ages.
Sure hope they get the progressive income tax passed.

[634-5789]

1. VOTE! They better pass that tax bill!

[MichMan]

2. I doubt it will go down regardless of any income tax changes

Are there any states that have progressive taxation for things like motor vehicle fees?

[sinkingfeeling]

3. Yes, Oklahoma's title fees are based on age of auto. Other

states fees are based on weight of the vehicle.

[MichMan]

5. I was thinking being based on the owners income, not age of the vehicle

[ProfessorGAC]

8. Maybe FMV Of The Car

In tiers.
People that buy $125,000 cars are likely those same people.
We have much higher than normal income in retirement, and we would be foolish to drop an eighth of a million a car.
The tags could go down each year based on FMV, but the average over x years (10?) would be at least break even.
Wealthy people replacing cars every 3 years never get those last 7 years of declining cost. So, they're paying a higher rate of a higher rate. Sounds confiscatory, but it's not, because it's an overall tiny fraction of income. Too small to cause harm.
The FMV of the cars could be tiered. $2,000-12,000/$12,000-24,000, etc.
Now, someone of modest means getting a great job opportunity that's 30-40% would be paying based on the value of the car, not their income. Eventually, that better income leads to enough $ for a better car, and then their tag price goes up. Gives them a short term reprieve.
I suppose very wealthy people driving a 10 year old Town&Country or Focus would fall through the cracks. But, I'm guessing there aren't many of those.
I thought of this a while ago because it seems easier to regulate & even more progressive.

[jimfields33]

4. Florida is first year about 350 bucks,

But then 38 dollars a year. Not bad.

[Thekaspervote]

6. Illinois taxes and other state fees are moderate compared to many states

[Cadfael]

7. Look what they did to us electric vehicle owners

From NBC Chicago at

https://www.nbcchicago.com/news/local/fee-hike-a-pain-for-electric-car-owners/2161425/


“Electric vehicle owners in Illinois save big on gas money and car maintenance, but registering their rides for 2020 will come with a price hike.

The Illinois Secretary of State’s office recently notified electric vehicle owners by mail that beginning January 1, 2020, the yearly base registration fee for electric vehicle or ‘EL” plates would be increasing to $251 annually. Registration fees for the ‘EL” plates previously cost $17.50 per year and were renewable every two years.”

[MichMan]

9. How do you think roads and other infrastructure should be funded?

Electric vehicles drive on the same roads as everyone else.

[BadgerKid]

10. Consider it as one point in favor of a vehicle miles tax. n/t