[kellynla]

Nice view of the lake eh Norm...

[cdefreese]

On a related note, here in Georgia (with an income tax), I hear radio advertisements for people to incorprate their business in Nevada. Probably for similar tax reasons.

[elbucko]

Although some will leave, "a small increase in taxes isn't enough for someone to forsake all that California offers and jump over the border," said Davis spokesman Steve Maviglio.

I've got "news" for you, Maviglio, it's just not the taxes that cause Californians to move from the Golden State. It's a lot more than that. Sacramento has become the enemy of jobs, fun and independence. Think about it.

[Prof Engineer]

I went to Las Vegas last year for an interview. The offer would have given me a 30% pay increase.

I asked the realtor showing me around why she was driving an 8 year old vehicle, she told me what the annual license fees were. 10X what I pay for a car half the age.

After looking into the other non-tax "taxes", I decided to stay in TX. To live there, at the same lifestyle I enjoy now, I would have needed a 100% pay increase.

[rellimpank]

---sorry to pop the bubble, but our RINO governor is leading the pack to "improve" Nevada by raising practically every tax you can think of--

[Lizavetta]

people who, because of California's progressive income tax structure, contribute a major share of the state's revenue.

No, no, no! The rich don't pay taxes! Didn't you know? (/sarcasm)

[Earl B.]

California (my home) is whistling past the graveyard if they think this trend isn't going to grow. Las vegas is one of the fastest growing cities in America (if not the THE fastest).

My dad and his wife both retired from teaching jobs in California about a year ago, and they were Nevada residents before nightfall. They sold their California home, moved permanently into their Tahoe house, re-registered the cars, registered to vote, and got new drivers licenses. There was no way they were going to let California tax their retirement income.

As more and more boomers retire, they'll follow my dad to Nevada, or move to Texas, or Florida, or other states that don't tax income. Combine that with anti-business policies in Sacramento (and traffic, and high cost of living) and the Golden State has some problems.

But the weather can't be beat.

[jiggyboy]

I believe there was a case of a CA man who moved to NV and sold a bunch of stock he had accumulated over the years. There was no question of residency, but CA claimed that the capital gains were realized while he was in CA, so CA should be able to tax it. Nope, they couldn't. But see your tax advisor, etc.

[Amerigomag]

How are Nevada registration fees calculated?

Nevada charges a Registration Fee, a Governmental Services Tax and, in some counties, a Supplemental Governmental Services Tax. The basic Registration Fee for passenger cars, trucks and motorcycles under 6,000 pounds is $33.00. Trailers under 1,000 pounds are $12.00. There are graduated scales based on weight for larger vehicles.

The annual amount of the Governmental Services Tax is 4 cents on each $1.00 of the DMV valuation of the vehicle. Governmental Services Taxes fund local governments and school districts.

The DMV valuation of a vehicle is 35% of the depreciated MSRP (Manufacturers Suggested Retail Price). The MSRP is depreciated 15% after the first year and 10% per year thereafter. There is a minimum valuation of 5% of MSRP and a minimum Governmental Services Tax of $6.00. MSRP is set when the vehicle is new and will not change over time.

Supplemental Governmental Services Tax is 1 cent on each $1.00 of valuation. This is a voter-approved tax used for highway construction in the counties which charge it: currently Clark, Washoe and Churchill. There are other factors which determine the final cost of registering a vehicle. The fee for a Nevada title is $20 and there are small charges for items such as license plates. Sales taxes ranging from 5% to 7.25% are charged on vehicle purchases. Sales taxes are paid to Nevada dealers on dealer sales. DMV collects sales taxes on private party sales.

Sample Governmental Services Tax Calculation

Vehicle 1 year old with an original Manufacturers Suggested Retail Price of $12,500.

$12,500.00 x .85 Vehicle MSRP depreciated 15% after first year $10,625.00 x .35 DMV valuation is 35% of depreciated MSRP $3,718.75 x .04 Governmental services tax is 4% of valuation $148.75

Governmental services tax will be $149 after rounding.

That adds up to $182 for a one year old, subcompact car. It also adds up to $628 for a one year old, $50,000 SUV.