- Target:
- Texas Legislature
- Region:
- United States of America
- Website:
- law.onecle.com
On October 1st, 2006 the Texas Legislature voted in a presumptive tax for used motor vehicles Purchased and or registered in Texas. (Added by Acts 2006, 79th Leg., 3rd C.S., ch. 6, § 3, eff. Oct. 1,
2006.)
For example, this means that if you buy a vehicle for $1000, but the State says 80% of the value of this vehicle is $3000 (presumptive value), you will pay 6.25% of of $3000, as opposed to 6.25% of what you actually paid, which is $1000.
On October 1st, 2006 the Texas Legislature voted in a presumptive tax for used motor vehicles Purchased and or registered in Texas. (Added by Acts 2006, 79th Leg., 3rd C.S., ch. 6, § 3, eff. Oct. 1,
2006.)
For example, this means that if you buy a vehicle for $1000, but the State says 80% of the value of this vehicle is $3000 (presumptive value), you will pay 6.25% of of $3000, as opposed to 6.25% of what you actually paid. Which in this example is $1000.
Paying taxes on goods and services is the American way, but paying taxes on imaginary money is NOT the American way. Please help us show our dissatisfaction by calling on the Texas Legislature to change this unfair and unjust law.
Please also write to the author of this bill, Representative David Swinford of Amarillo at to express your dissatisfaction.
You can further help this campaign by sponsoring it
The Eliminate Presumptive Sales Tax for Used Cars in Texas petition to Texas Legislature was written by Alex and is in the category Government at GoPetition.