ATLANTA (AP) - A new law on Georgia car taxes has made leasing a vehicle a less attractive and more expensive option than buying a car outright.
The Atlanta Journal-Constitution (http://bit.ly/Uzy1FH) reports a bill that eliminated the birthday tax on new cars does not account for car leases - which represents about 42% of new car transactions in the state.
After March 1, consumers who buy new cars will pay a single 6.5% sales tax at the time of purchase. Consumers who lease cars will pay the same 6.5% title tax as people who buy cars outright, but will also have to continue paying monthly sales taxes in the jurisdiction the car was leased in.
The newspaper reports state lawmakers will likely tweak the car tax bill this year.
Tuesday, May 21 2013 10:48 PM EDT2013-05-22 02:48:00 GMT
Local families are taking a serious look at storm shelters in the aftermath of Monday's deadly tornado in Oklahoma.
Local families are taking a serious look at storm shelters in the aftermath of Monday's deadly tornado in Oklahoma. Those shelters could mean the difference between life and death when faced with one of these powerful storms.
A federal court has struck down Fayette County's at-large method of electing members to certain county offices, saying the method was a violation of the Voting Rights Act.
A federal court has struck down Fayette County's at-large method of electing members to certain county offices, saying the method was a violation of the Voting Rights Act.
Two Clark Atlanta University students who call themselves brothers despite being from opposite sides of the world have graduated as valedictorian and salutatorian.
Two Clark Atlanta University students who call themselves brothers despite being from opposite sides of the world have graduated as valedictorian and salutatorian.
