12-20-2003, 12:33 PM
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CC Member
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Join Date: Jun 2003
Location: Penn Valley,California,
Ca
Cobra Make, Engine: Still Dreaming
Posts: 332
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Not Ranked
JeffC,you can now see why many Californians are moving your direction!The one thing that no politician is willing to touch(yet) is the 1% property tax on real estate as the result of Prop13 back in the day.The State and local govt's have squirelled around this in a zillion ways with various "fees" and"assessments".As another example,if you want to put your boat on the water in Ca.,your yearly registration would include a "recreational"tax that would go to the county you reside in,in addition to paying for a tag for both the boat and the trailer.This is also a percentage of the assessad value of the boat.Have you ever looked at the gas pump label to see how much of the cost of a gallon of gas goes for various taxes?If not,you will probably be shocked.It's not deductable either,unless the cost of fuel can be deducted as a business expense otherwise.That said,life in the foothills of the Sierra Nevada mountains is pretty good,and a conservative lifestyle can minimize the tax hit.I'm thankful that the rural bicyclist at this point doesn't have to worry about annual registrations.Oh,and by the way,and on a "happy"note,the .67% is part of your annual registration for your car as well,not just one time. Gary
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