Middle class gets it in the neck again

West Virginia is apparently so desperate for money that it's going to put a tax on antique cars that people like to collect.

As the article states, it won't hurt the wealthy guys - they can afford it.

But those folks who scrimp and save so they can own an antique car?

From Auction Central News: W.Va. legislature raises property tax cap on antique, classic cars

CHARLESTON, W.Va. - The March 12 online issue of Street Rodder magazine reports that a state bill (H.B. 4068) that originally provided a fair cap on property taxes paid by owners of antique and classic motor vehicles was amended and approved by the West Virginia State Legislature on March 10, with a new $5,000 assessed value for all of these cars.

"The previous version of the bill contained an assessed value provision of $1,000, which meant that the maximum actual property tax paid by antique or classic motor vehicle owners would only be about $30 per year. Under the version that was approved by the entire legislature on March 10th and sent to the governor for his consideration, the actual maximum tax paid would be $150," Street Rodder says.

While the bill would have minimal impact on those who own very expensive antique or classic cars, it would place a heavier tax burden on the many hobbyists whose cars are worth less than $5,000.

When I lived in Virginia - they taxed your car and RV as well. It wasn't enough to have license, registration and insurance, you also had to pay property tax on it every year, just as if it were a house.