Electric car owners take hit with new tax | ForsythNews.com

2
Jul

Electric car owners take hit with new tax | ForsythNews.com

BUFORD — A new state tax structure that takes effect today has stirred ire among some electric car owners.

The measure is projected to generate an additional $830 million to $850 million every year to be used for road and bridge repairs.

Approved this year by the Georgia General Assembly, the changes primarily eliminate the state fuel sales tax and increase the excise tax.

But the law also calls for electric car owners to pay an annual $200 fee and removes a $5,000 tax credit serving as a purchase incentive for what many say are more environmentally friendly cars.

“This is completely ridiculous,” said Jamie Lanier Loudermilk, a Buford resident who leases a Nissan Leaf with her husband, Ron.

“We’re more than willing to pay our fair share when it comes to helping maintain this state’s roads, but this isn’t a fair tax,” Loudermilk said.

via Electric car owners take hit with new tax.

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