Quote:
Originally Posted by VintageSunlight
Keep in mind, when you are talking about sales tax, NY is very close to the top when adding in local rates. Most publications do not show local rates, but only the 4.0% base rate. Add the local rate of 4.875% and you're within a hair of 9.0%. AFAIK, only three states top this rate, and the highest state, TN, is 9.44%. TN also hardly has a property tax. The difference between NY and the top sales tax state on a $15000 car amounts to $75.
The much, much bigger expense in NY will be property taxes, unless your buying tons of cars or other huge items. For most people, the sales tax difference of 1/2% is nothing.
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Sales tax varies by county as well. It is 8% in Onondaga County, if I'm not mistaken. Some counties in other states approach 10%, if not go over.
Also, when looking at property taxes, some states tax items like vehicles and other items versus just real property taxes. Here is a great guide:
Taxes by State
Look at median home prices as well, as many times they can be higher in other states and housing makes up the biggest amount in terms of costs, in plurality(about 30%).
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