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To: Dubya; SouthTexas; WestCoastGal

Guess the car dealerships are going to be very busy on Saturday.


12 posted on 09/26/2006 6:47:38 AM PDT by steveegg (Let's make the deeply-saddened Head KOmmie deeply soddened in Nov. - deny the 'RATs the election)
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To: steveegg
This is going after private sales, not dealerships. I am not in favor of higher taxes anywhere, but this came about because of abuse of the system.

Many years ago, father in law gave us a car. The gift tax was higher than if he would have sold it to me.

21 posted on 09/26/2006 6:55:47 AM PDT by SouthTexas (Of course it's hot, it's summer!)
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To: steveegg

I just recently purchased a vehicle. When you go to the court house you can put whatever you want down as the price you paid......no questions asked.

However, there is a BIG sign there that says if you falsify this amount and you're caught the penalty is something like $1,000.00 and jail!!

Obviously I gave them the right amount.


34 posted on 09/26/2006 7:55:32 AM PDT by WestCoastGal (Monte Carlo????? Jr??)
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To: steveegg; WestCoastGal; tubebender

FIL gave me a car many years ago and the title transfer was higher because it was a gift than if he’d have sold it to me.

It was nothing more than a car to take to the beach and keep our other vehicle from suffering premature decomp from the salt and sand.

63 Mercury Monterrey, slanted back window that rolled down and a 390, I loved that car. :)


114 posted on 08/23/2009 9:11:15 AM PDT by SouthTexas
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