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.
Saturday, May 25 2013 5:03 PM EDT2013-05-25 21:03:38 GMT
Three people remain at an Atlanta hospital a day after they were injured aboard a hotel shuttle bus that crashed with a tractor-trailer near the city's airport.
Three people remain at an Atlanta hospital a day after they were injured aboard a hotel shuttle bus that crashed with a tractor-trailer near the city's airport.
Saturday, May 25 2013 4:19 PM EDT2013-05-25 20:19:38 GMT
Georgia stands to lose $1.8 million in funding because state officials refuse to participate in a federal survey that asks high school and middle school students about their sexual history.
Georgia stands to lose $1.8 million in funding because state officials refuse to participate in a federal survey that asks high school and middle school students about their sexual history.
