This talk about sales taxes bring up one of my pet peeves:
Just for the sake of arguement:
Let's say you go out and buy a $36k truck and pay your sales taxes on it and that the taxes are $800 (just making up numbers). Four years later, you trade it in and buy another truck for $40k. You pay the sales taxes on the new one.
1st - You get $20k as trade-in, did you get a refund of $20k worth of sales taxes from the trade-in that you originally paid?
2nd - Since you paid the sales taxes when you first bought the truck, why should I, purchasing your used truck from the dealer, have to pay sales taxes on it again. They were already paid. And when I sell it, the guy who buys it from me has to pay more taxes to the state on the same vehicle.
Just making up numbers, let's say the original sales tax was $800. Then when the truck is traded in and then resold, the tax becomes $450. Then the truck is again re-sold, the tax then is $200, etc. etc. etc.
Looks like the state (whichever state it is) is really raking in the additional money in taxes each time the vehicle is sold, yet the original (or any subsequent) purchaser never receives any refund from the state on sales taxes he paid. What a rackett.
Just bugs me to tears.
