Quote:
Originally Posted by spurscar
Where are you guys hearing that SC is changing the $300 sales tax cap.
The whole point is because we are taxed on cars every year here... basically that would be double taxation because they technically call it "property" tax.
Knowing this state's government I am sure the plan is to keep both taxes.
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Technically it's not double taxation, your not paying sales tax twice. Your simply paying two separate taxes. In NC we pay 3% sales tax at time of purchase and every year we pay property tax, fire tax, and EMS tax (if you live in a city you also pay a city tax) on each vehicle.