Two points:

 

1. I would think that someone could cross check all KY addresses with vehicles registered, and flag all of the addresses with no vehicles registered and investigate. I know for a fact that this practice is very prevalent in Boone County.

 

2. If you feel that you are paying taxes on an unfair value, you can go to your counties PVA office and have it adjusted prior to paying that year's tax. I had a vehicle with high mileage, and they do not take that into account. The values used are right out of the Kelly Blue Book. If you can prove that your vehicle is worth less, they will adjust downward. Lot of folks don't know about this.

 

As for #2, I've had a few conversation with them, but nothing came of them. My truck has a rebuilt title with some missing pieces, but it doesn't matter. I was told that as long as it's driveable and passes inspection, it's classified just like any other Tacoma it's age.

 

I remember buying our 4runner in Chicago about 5 years ago. I bought it at a dealership for $5800. I paid cash, and I received a stack of paperwork with over half showing the amount paid. I took it to the courthouse to register it, and the lady was going to charge me over $700 in taxes and fees. I said there was no way, I only paid $5800 for it. She said since I didn't have the proper paperwork, she had to tax on blue book value, which was around $11,000. I had to get a state document signed and notarized by the dealership saying that was the actual price that I bought it at. Talk about a pain in the rear.

As for #2, I've had a few conversation with them, but nothing came of them. My truck has a rebuilt title with some missing pieces, but it doesn't matter. I was told that as long as it's driveable and passes inspection, it's classified just like any other Tacoma it's age.

 

I remember buying our 4runner in Chicago about 5 years ago. I bought it at a dealership for $5800. I paid cash, and I received a stack of paperwork with over half showing the amount paid. I took it to the courthouse to register it, and the lady was going to charge me over $700 in taxes and fees. I said there was no way, I only paid $5800 for it. She said since I didn't have the proper paperwork, she had to tax on blue book value, which was around $11,000. I had to get a state document signed and notarized by the dealership saying that was the actual price that I bought it at. Talk about a pain in the rear.

 

My issue was mileage related, and I had zero problems getting them to reduce the value. Saved me over $130 dollars. So it was well worth getting it modified. But, you are right, most times any thing gov't related is usually a pain in the rear to get changed.

It is, just as tax-dodging in general is very common. Here's a thought for the Tea Party folks to ponder: If some people didn't go out of their way to dodge their tax responsibilities, maybe everybody's taxes wouldn't have to be so high to make up for the deadbeat dodgers.

 

Or, maybe some of the current administration's top people. BTW, I'm glad you admit current tax rates are way too high. Therefore, you agree with the Tea Party.

This goes for all used cars and trucks you buy. The next time you buy a car from a private owner, make sure you take a Ky VTR form with you. If you are lucky, they have a newer Ky Title with the VTR built right in on the back. This has to be signed by the seller and notarized or they will charge you Bluebook everytime.

What I find funny is that since the more expensive the vehicle, the more tax you have to pay. So, most of the vehicles that I see are the more expensive ones, like large SUV's, Mercedes, Lexus, etc.......interesting indeed.

 

Could it be that their keen business sense enabled them to make the money to buy / afford the car, and that same business sense that saves them additional money on taxes?

Or, maybe some of the current administration's top people. BTW, I'm glad you admit current tax rates are way too high. Therefore, you agree with the Tea Party.

 

To be honest, I don't know of too many folks who think tax rates aren't onerous. Unlike tea partiers, however, I don't gripe and moan about it incessantly because it's the price we pay for the privilege of living in the greatest country in the world. Our tax burden is a pittance compared to other civilized nations.

Could it be that their keen business sense enabled them to make the money to buy / afford the car, and that same business sense that saves them additional money on taxes?

 

If you want to call breaking the law keen business sense, then by all means go for it. Come to think of it............a guy named Bill Erpenbeck had keen business sense also.

Next time you see them, look for barcode stickers on the windows. If they have those (and even if they don't sometimes) it's a rental car. We've got a ton of cars from Ohio right now. People one-way cars they rented in Ohio and a lot of the time the place in KY that the car was returned to will just keep the car. It's easier than having the original branch in Ohio drive down and get it.

Could it be that their keen business sense enabled them to make the money to buy / afford the car, and that same business sense that saves them additional money on taxes?

 

Using an obscure loophole or outright fraud (i.e., cheating your neighbors by representing you live somewhere you really don't) is not the same thing as good business sense, and it's the same kind of loose ethics that got us in our current economic situation in this country.

 

That's why I don't feel the least bit sorry for big corporations that take a dive when you consider how much money they spend on accountants and lawyers trained to set up flimsy tax shelter operating fronts in order to avoid paying taxes in the country they make money off of. That goes even double for those who actively ship jobs overseas, but continue to leech money off the American consumer. They use those same loose ethics as well.

If you want to call breaking the law keen business sense, then by all means go for it. Come to think of it............a guy named Bill Erpenbeck had keen business sense also.

 

Nobody ever said that breaking the law is business sense. These people aren't "breaking the law". They're finding tax breaks where they can. If they have a 2nd residence and want to buy / register their vehicle in that state (which offers lower taxes), then that is their prerogative. If they have a company car & their company is based in Ohio, then more power to them.

 

Now if they're lying about it or committing fraud, then that is a different story. Maybe I'm naive, but I don't think that everyone who lives in Kentucky with Ohio tags is defrauding the government.

Using an obscure loophole or outright fraud (i.e., cheating your neighbors by representing you live somewhere you really don't) is not the same thing as good business sense, and it's the same kind of loose ethics that got us in our current economic situation in this country.

 

That's why I don't feel the least bit sorry for big corporations that take a dive when you consider how much money they spend on accountants and lawyers trained to set up flimsy tax shelter operating fronts in order to avoid paying taxes in the country they make money off of. That goes even double for those who actively ship jobs overseas, but continue to leech money off the American consumer. They use those same loose ethics as well.

 

I guess I don't feel as though people with out of state taxes are "cheating their neighbors." They're still paying taxes, presumably in a state in which they conduct a lot of business & spend a significant portion of their time. Could their money be spent somewhere else? Probably so; however, I'm not as quick to jump on people and label them as frauds as some, particularly when they have given themselves options. If someone owns a 2nd home in Florida & buys a car there, are they to insist on KY tags so that they can pay KY taxes? Or should they take the FL tags & the tax breaks that come with it?

 

As far as your last paragraph - I agree, to an extent. But, corporations and other "big business" entities should be viewed differently than individuals, in my opinion.

Nobody ever said that breaking the law is business sense. These people aren't "breaking the law". They're finding tax breaks where they can. If they have a 2nd residence and want to buy / register their vehicle in that state (which offers lower taxes), then that is their prerogative. If they have a company car & their company is based in Ohio, then more power to them.

 

Now if they're lying about it or committing fraud, then that is a different story. Maybe I'm naive, but I don't think that everyone who lives in Kentucky with Ohio tags is defrauding the government.

 

Maybe is out of the equation. You are very naive. Hope you have a great Memorial Day weekend.

I guess I don't feel as though people with out of state taxes are "cheating their neighbors." They're still paying taxes, presumably in a state in which they conduct a lot of business & spend a significant portion of their time. Could their money be spent somewhere else? Probably so; however, I'm not as quick to jump on people and label them as frauds as some, particularly when they have given themselves options. If someone owns a 2nd home in Florida & buys a car there, are they to insist on KY tags so that they can pay KY taxes? Or should they take the FL tags & the tax breaks that come with it?

 

As far as your last paragraph - I agree, to an extent. But, corporations and other "big business" entities should be viewed differently than individuals, in my opinion.

 

That's not what I'm talking about, and you know it. Think of it in terms of how strange it is for a great number of coal trucks on the road in EKy to have Oklahoma license plates. Gas is way too expensive for trucks of that size to be making regular trips to OK. Just because you rent a PO box there or spend one day a month on average there -- or set up some hogwash LLC front -- doesn't mean you reside there. Again, it's cheating your neighbors to represent yourself in this fashion.

What about people trying to save money by buying their smokes in KY? Just another example of over taxation by government. People generally vote or make personal decisions based on their wallets. Maybe it is time for all governments to cut/reduce the their growth, instead of asking for more money.

Kinda off the subject , the other day I was driving along Dave Cowens drive going towards Bellevue I was behind a car with Ohio plates they were yellow with red lettering , I know that this means that this car belongs to a driver with multiple DUIS and the person is not supposed to be driving out of the state of Ohio and then only to work . The upshot is that they pulled into the Party Source and parked grabbed a cart and went inside . I called Bellevue police , but since I had to be at a meeting I don't know what ensued .

Edited May 28, 201016 yr by KyTmcNcc