James T. Fleming, President of the Connecticut Automotive Retailers Association, asks what is the Connecticut legislature and Governor Lamont proposing regarding the double tax issue when it comes to purchasing a car? When you buy a car, you pay your sales tax on it. Every state in the United States (except California) does not re-tax that when you buy your next car, but Lamont's proposal would see your trade-in re-taxed. The idea is to generate more money... but the actual result may see Connecticut lose money. Fleming explains why.
Ray & Joe D: Double Tax On Car Purchases
By Mornings with Ray DunawayMar 25, 2019
