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Re: BIZARRE LAWS (all cars)

To: "spitfires@autox.team.net" <spitfires@autox.team.net>
Subject: Re: BIZARRE LAWS (all cars)
From: "Michael D. Nugent, Ph.D." <nugentmd@gte.net>
Date: Thu, 27 Jul 2000 18:41:36 -0700
The hot news here in Washington (the state) is that "use tax" (a form of sales
tax paid when you first transfer title of a car as the result of a sale) on
cars sold between private parties will no longer be based on what the actual
sales price was if that amount is below the value listed in the state-approved
"red book."

For example, if you buy a used Spitfire for $1000 and the book lists it as
being worth $2500, your tax bill is based on the $2500.  Creative, aren't we?!

Mike
Renton, WA




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