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.
Tuesday, May 21 2013 12:23 PM EDT2013-05-21 16:23:15 GMT
Robert Champion's parents said Tuesday that Florida A&M University's band shouldn't march next year, even though they've already hired a new band director.
Robert Champion's parents said Tuesday that Florida A&M University's band shouldn't march next year, even though they've already hired a new band director.
Tuesday, May 21 2013 9:45 AM EDT2013-05-21 13:45:59 GMT
It's college graduation time, but before many graduates celebrate, they've got to focus on what comes next.
It's college graduation time, but before many graduates celebrate, they've got to focus on what comes next. With a tight job market, many new grads are getting a dose of reality when it comes to trying to land their first job.
Monday, May 20 2013 11:56 PM EDT2013-05-21 03:56:14 GMT
Police are investigating a suspected rape at North Atlanta High School. Authorities say a male at the school raped a female student on campus during school hours.
Police are investigating a suspected rape at North Atlanta High School. Authorities say a male at the school raped a female student on campus during school hours.
