Really NCDOT?

jeepinmatt

jeepinmatt

#1 WEBWHEELER
Moderator
Joined
Mar 24, 2005
Location
Stanley, NC
My truck tag expired last month. I had it inspected before the date, but forgot to do the paperwork. Went online to do it today. $15 late fee, ok whatever.
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But interest on the property tax and registration? And pretty damn hefty at that. Lets do a little math...
$18.20/364=0.05, so 5% interest in 30 days (28 technically, but no need to split hairs).
12*5=60% annual percentage rate (straight simple interest, no compounding, blahblahblah).
60 PERCENT!
Hell with wall street, I want to invest in the NCDOT/DMV!!!!!
 
I bet they just charge flat 5% regardless of the length of time.
Should have let it go 3 years to get a fantastic APR..
 
The late fee increases the longer you wait. I had to pay one last time I paid the jeep. I don't remember seeing an interest charge though.

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Hmmm. I am trying to sell my wifes minivan so I didn't get it reinspected and didn't pay to renew the tag, I had thought about selling my Accord and keeping the van, but I guess now it would just cost me that much more to re-register it. Hopefully they don't come after me for property taxes, not sure how it works if I don't pay it. Anyone want to buy a Honda Odyssey?
 
......tag on my jeep went out almost a year ago. i took insurance off of it about a month after the tag went dead.... looks like ill be better off turning the tag in and registering it when i do.
 
ncsutj said:
The late fee increases the longer you wait. I had to pay one last time I paid the jeep. I don't remember seeing an interest charge though.
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This seems to be as good of place as any to ask. My 77 hasn't been registered since probably 2012...I don't even get the 'coming due' card mailed anymore. It's only been in storage over that time frame (aside from moves). I also know at some point it ages out on needing to be inspected, so that should help. But how screwed am I going to be in the next couple of months when I try to make it DD ready again and try to register it. I would have figured if there was some tax delinquency I'd be in handcuffs by now or my wages garnished.
 
jeepinmatt said:
My truck tag expired last month. I had it inspected before the date, but forgot to do the paperwork. Went online to do it today. $15 late fee, ok whatever.
View attachment 249778

But interest on the property tax and registration? And pretty damn hefty at that. Lets do a little math...
$18.20/364=0.05, so 5% interest in 30 days (28 technically, but no need to split hairs).
12*5=60% annual percentage rate (straight simple interest, no compounding, blahblahblah).
60 PERCENT!
Hell with wall street, I want to invest in the NCDOT/DMV!!!!!
Click to expand...
christian-bale-laugh.gif
 
UTfball68 said:
This seems to be as good of place as any to ask. My 77 hasn't been registered since probably 2012...I don't even get the 'coming due' card mailed anymore. It's only been in storage over that time frame (aside from moves). I also know at some point it ages out on needing to be inspected, so that should help. But how screwed am I going to be in the next couple of months when I try to make it DD ready again and try to register it. I would have figured if there was some tax delinquency I'd be in handcuffs by now or my wages garnished.
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I have no idea. I just remember seeing when I was paying it was something like $10 for less than 15 days after due, $15 for between 15-30 days and $25 for more than 30 days. Don't remember it listing any past 30 days.

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As of July 1, 2016, a late fee of up to $25 will be charged to all registration renewals paid after the registration expiration date.

Though you can still operate your vehicle up to 15 days after your registration has expired without being ticketed, you will be fined beginning the first day of the month after the registration expires.

  • If the registration has been expired for less than 1 month, a late fee of $15 will be charged.
  • If the registration has been expired between 1 and two months, a late fee of $20 will be charged.
  • If the registration has been expired for two months or more, a late fee of $25 will be charged.
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Vehicle Registration Requirements (Taxation & Inspection)
The following are the current Vehicle Registration requirements for North Carolina.

To retain vehicle license plate, liability insurance must be maintained continuously.

  1. In North Carolina, a vehicle that is subject to a safety or emissions inspection is required to be inspected no more than 90 days before the plate expires.
  2. Vehicle property tax will be collected at the time of registration renewal.
  3. Questions regarding vehicle values and appeals on tax values must be directed to the county tax assessor, not the DMV.
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From the NC DOR:

If you do not pay the total amount of taxes you owe, the law charges interest on any unpaid tax. Interest is computed at the applicable rate from the original due date to the date of payment, whether or not you have been granted an extension. For most taxpayers the original due date is April 15th.

If you do not file by the original due date, a late filing penalty of 5% of the net tax due is added for each month your tax return is late. This penalty cannot exceed 25% of your tax.
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^^^Sweet...so if I'm reading that right, the state always said a 1977 F250 4x4 was worth $800, and my tax was roughly $12. So even if I owe 5 years of back taxes, that's $60 plus a capped 25% puts me at $75 total, worst case scenario. But as noted above, I do recall a 2 year stint my Bronco was in storage as well, they tried charging me all taxes and penalties, but when I told them it was broken down, they waived it. I guess I just thought they were being nice to a broke college kid.
 
UTfball68 said:
^^^Sweet...so if I'm reading that right, the state always said a 1977 F250 4x4 was worth $800, and my tax was roughly $12. So even if I owe 5 years of back taxes, that's $60 plus a capped 25% puts me at $75 total, worst case scenario. But as noted above, I do recall a 2 year stint my Bronco was in storage as well, they tried charging me all taxes and penalties, but when I told them it was broken down, they waived it. I guess I just thought they were being nice to a broke college kid.
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77 won't need inspection BTW, 35 years is the cutoff. Somewhere along the line your county may decide its a classic and bump the tax value to just a couple of feet higher than the sun.

Two years ago Cumberland county raised the value of my 67 fairlane from $2500 that it had been since I bought it in 2002 to $18000, because Barrett Jackson I assume. I sent pics of the peeling clearcoat, non original interior, etc and got them to drop it to $8000 tax value which is still four times as much property tax basically. Six months later they bumped my 78 f150 crawler from the $400 tax value it had been since 2007 up to $8000, because it's an antique, you know. I sent them pics of it with tubes in the back half, and all the dents, rock rash and rust. I included on the letter that it doesn't even have a bed, which makes it a pretty shitty truck, BTW. They dropped it's value back to $800. I'm sure I'll have to fight them again in a year or two.

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UTfball68 said:
^^^Sweet...so if I'm reading that right, the state always said a 1977 F250 4x4 was worth $800, and my tax was roughly $12. So even if I owe 5 years of back taxes, that's $60 plus a capped 25% puts me at $75 total, worst case scenario. But as noted above, I do recall a 2 year stint my Bronco was in storage as well, they tried charging me all taxes and penalties, but when I told them it was broken down, they waived it. I guess I just thought they were being nice to a broke college kid.
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They might make you re-register it, which might cost you more.
 
fucken government, money racket.

I have nothing productive to add.


That is all.


Thank you



Fuck the government!
 
UTfball68 said:
^^^Sweet...so if I'm reading that right, the state always said a 1977 F250 4x4 was worth $800, and my tax was roughly $12. So even if I owe 5 years of back taxes, that's $60 plus a capped 25% puts me at $75 total, worst case scenario. But as noted above, I do recall a 2 year stint my Bronco was in storage as well, they tried charging me all taxes and penalties, but when I told them it was broken down, they waived it. I guess I just thought they were being nice to a broke college kid.
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I'll save you the headache and give you $800 for the 77 F250.
 
I love South Carolina. :flipoff2:

Worst they ever hit me with is suspending my license for not turning a tag in.
 
GO. TO. A. DIFFERENT. STATE. AND REGISTER/TITLE THERE.

Why pay the frikin gestapo here a higher Tribute when you go to another gestapo and pay them a lower Tribute.... Legally!!!????
 
ckruzer said:
GO. TO. A. DIFFERENT. STATE. AND REGISTER/TITLE THERE.

Why pay the frikin gestapo here a higher Tribute when you go to another gestapo and pay them a lower Tribute.... Legally!!!????
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For the same reason everyone says 'if you dislike the United States so much, move somewhere else.' I made a conscious decision to live in NC, you know going in what you're signing up for, don't like it...don't live there. If something is so egregious it warrants an appeal through the proper channels, so be it...otherwise it's just circumventing a deal you agreed to. I hate taxes as much as the next guy, and wish they would be restructured, but each state has their own tax quirks and I'd rather have it stay 'locally'.
 
UTfball68 said:
For the same reason everyone says 'if you dislike the United States so much, move somewhere else.' I made a conscious decision to live in NC, you know going in what you're signing up for, don't like it...don't live there. If something is so egregious it warrants an appeal through the proper channels, so be it...otherwise it's just circumventing a deal you agreed to. I hate taxes as much as the next guy, and wish they would be restructured, but each state has their own tax quirks and I'd rather have it stay 'locally'.
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You can live in whatever state you want and have your vehicle titled/registered in whatever state you want
 
ckruzer said:
You can live in whatever state you want and have your vehicle titled/registered in whatever state you want
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WTF you talin' bout Willis?
Almost all states require proof of residency in order to title and/or register in that state.
You sure as hell can't walk into a MD DMV w/ just an NC driver's license and get MD tags.

Yes, there ware ways around it by using other addresses etc, but by the letter of the law that's not legal.
 
UTfball68 said:
For the same reason everyone says 'if you dislike the United States so much, move somewhere else.' I made a conscious decision to live in NC, you know going in what you're signing up for, don't like it...don't live there. If something is so egregious it warrants an appeal through the proper channels, so be it...otherwise it's just circumventing a deal you agreed to. I hate taxes as much as the next guy, and wish they would be restructured, but each state has their own tax quirks and I'd rather have it stay 'locally'.
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when something is wrong, you dont just learn to swallow better

income taxation is illegal. this is why the IRS (which is not a US department or agency, is a third party company just like IBM, which is a bookkeeping company on behalf of the Federal Reserve, another third party company that is not a US agency or department) has its own dictionary. tax court is a entirely different court than the US courts. The legal definition of "income tax" is not a tax on income, it is a "excise tax". income is: Revenue - Expenditure = Income. If you extend your labor to rake a yard, and you and the owner agree your labor for the task is worth $20, what is the income? Where is the profit? You loaned your labor and because he can not give your labor back to you, a value is establish for the worht of your labor and it is returned to you in Equal Value. This is how taxation can still occurr when an actual "income tax" makes zero logical or legal sense. It is an excise tax. Which is liken to paying a toll to cross a new bridge. These are built by private parties and we pay a toll for use.

Each tax form has a tax classificaiton. Tax class 2 is "Income Tax" and the forms your company files is in this category. Your W4, your W2, your 1040.... Guess what class that is? Tax Class 5. "Gift and Estates Tax Class". What gift are you giving? You are giving a Tribute for your authorized activity on Pharaoh's land/commerce.

This ENTIRE country seized and millions of native americans were slaughtered so we could leave the status quo of the king and his paying tributes because we live on the kings land. You live on my land, therefore pay a tribute. You sold your bread within the safety of my land, so pay a tribute on the sale. the principles founding this country have been adulterated and everyone is oblivious it seems watching the boobtube with their hand in the cheetoh bowl?


The land is supposed to be owned by Americans, and elected representatives to help manage everything. So for land that is yours in equity, and the land that you legally purchase... why the F are you paying "property taxes"??? You pay taxes on property because you are not the true owner. You are the ryot-tenure and you are paying rent on land to the CEO of the land that you are supposed to own...

Your elected officials live like kings and queens... it has become a club exhibiting the very characteristics that were abandoned to form this country.

This legal plunder you want to stay local? You should do more research how these monies are actually spent.
 
RatLabGuy said:
WTF you talin' bout Willis?
Almost all states require proof of residency in order to title and/or register in that state.
You sure as hell can't walk into a MD DMV w/ just an NC driver's license and get MD tags.

Yes, there ware ways around it by using other addresses etc, but by the letter of the law that's not legal.
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Yeah...I've known guys to get PO boxes or use a relative/friend's address to get a vehicle registered in a state where a title isn't required, or scenarios exactly as discussed, and circumvent taxes or emissions testing. But there still needs to be some proof the vehicle actually resides within the state you're trying to register in, whether legitimate or not.
 
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