Centerville [Centreville] Precinct. Scanned and proofread from pages 252255 of St. Clair County History, (Philadelphia: Brink, McDonough, and Company, 1881). This history does have some errors in it so it is prudent to confirm the statements below with other sources closer to the actual event.
But yesterday, Washington Governor Jay Inslee signed HB 2778 into law, a modification to existing Washington state electric vehicle statute designed to raise the cutoff threshold for electric vehicle sales tax exemption from $35,000 to $42,500.
Ownership tax is a personal property tax based on a vehicle's manufacturer's suggested retail price (MSRP). The taxable value of your car is calculated by multiplying the MSRP of your vehicle by 75 percent for trucks and trailers or 85 percent for passenger vehicles and motorcycles. Therefore, a passenger car with an MSRP of $20,000 would have a taxable value of $17,000. This amount is then multiplied by the vehicle's tax rate, which is determined by the age of the vehicle. The tax rates range from a flat fee of $3 to 2.1 percent of a vehicle's taxable value depending on the age of the vehicle. A 3-year-old car with a taxable value of $17,000 would have an ownership tax of $204; which would be the amount that could be deducted from the federal tax return.