Some states levy significant property tax or excise tax on vehicles. Yet other states do not levy any of these taxes.
A $20,000 mid-size sedan will incur more than $750 in property tax in its first year in some parts of the United States. While approximately half of the US states levy some property tax or excise tax on vehicles, the others do not levy any such tax.
A fair and equitable reimbursement program must account for such variances.
| Sample Annual Property Taxes |
| 21 States |
|
$0 |
| Michigan |
|
$98 |
| Kansas |
|
$295 |
| Massachusetts |
|
$450 |
| Mississippi |
|
$627 |
| Rhode Island |
|
$1,536 |
|
*Based on a $21,000 Mid-size Sedan