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Release of Interest in Indiana License Plate and Excise Tax Forms in

Release of Interest in Indiana License Plate and Excise Tax Forms in

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COCAINE TRAFFICKING. CIARA: SOME LOCAL RESIDENTS HAVE STARTED TO GET THEIR MOTOR VEHICLE EXCISE TAX BILLS FOR THE YEAR. 22NEWS REPORTER KATRINA KINCADE IS LIVE IN SPRINGFIELD TO EXPLAIN WHAT YOU COULD BE LOOKING AT. KATRINA: ONCE YOU REGISTER YOUR VEHICLE OR TRAILER, YOU HAVE TO PAY A MOTOR VEHICLE EXCISE TAX TO THE CITY OR TOWN HALL IT'S REGISTERED IN. IF YOU OWN A VEHICLE REGISTERED IN MASSACHUSETTS, EACH YEAR YOU HAVE TO PAY A EXCISE TAX. VICTOR ANOP, CHICOPEE ASSESOR; "THE IDEA OF THE TAX WAS THAT IT WAS BASED ON THE FACT THAT DRIVING IS A PRIVLEDGE AND A CAR AT THE BEGINNING WAS A LUXURY. BUT IT PROVIDES REVENUE FOR THE CITIES AND TOWNS TO EXIST." IN 1982 THE RATE LOWERED TO 25 DOLLARS PER ONE THOUSAND DOLLARS OF YOUR VEHICLE'S VALUE. THE WAY THAT VALUE IS CALCULATED IS A PERCENTAGE OF THE MANUFACTURER'S LIST PRICE IN THE YEAR YOUR VEHICLE WAS MADE AND THEN IT GOES DOWN EVERY YEAR UNTIL FIVE YEARS AFTER THE CAR WAS MADE. CITIES AND TOWNS HAVE DISCRESION ON HOW THEY USE THE MONEY

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