Submitted by J_Bro00 t3_yeepxa in Connecticut
Billh491 t1_itxqhle wrote
Reply to comment by J_Bro00 in Relocating to CT but working in MA. by J_Bro00
so each town has a mill rate which is how much you pay per 1000 in value. So a mill rate of 35 would mean a 35.00 tax bill for your car.
Now look up how much your car is worth on say kelly blue book. Say it is worth 20k you take 70% of that is 14k so you pay 35 times 14 = 490.00 car tax.
Yowowser t1_itxx1ts wrote
Actually is capped at like 24 or 27% for cars. Best the tax by buying a 25 year old car and build it out. It can be worth 20k d when your done and taxed like it's worth$500
Billh491 t1_itxxjka wrote
I live in Portland and my mill rate is 35.01 on my house and car.
Here is a pdf with the mill rates for every town.
https://portal.ct.gov/-/media/OPM/IGPP-Data-Grants-Mgmt/Mill-Rates-20GL-22FY-8-6-21.pdf
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