LocostUSA.com

Michigan's new socialist govern, who wants the state to have their paws into every thing! Is trying to add $.45 state tax to every gallon of gas sold. That would bring the total state/fed tax to $.891 per gallon of gas. With so many SUV and trucks here in Michigan, I do not think it going to be looked at, very kindly by the general motoring public and auto manufactures. PLUS she also want to increase the catastrophic auto insurance to $216 per year per vehicle.
Davew

Welcome to California, Dave.

Cheers,

_________________
Damn! That front slip angle is way too large and the Ackerman is just a muddle.

Build Log: viewtopic.php?f=35&t=5886

Yeah, in CT we're at $.43 per gallon state plus an 8% sales tax on the gas.

_________________
Planning a Duratec powered, Miata suspended 442

Michigan insures cars? What is catastrophic insurance?

Bill

Bill
In Michigan every road vehicle has to pay a yearly fee for catastrophic insurance, which covers any Michigan driver in a serious accident. The insurance pays for your medical bills for life. The trouble I have, is that the insurance plan now has over $23B in reserved and is growing about a billon a year. And the state still wants to increase the premium. Some body is make a $hit pile of $$$ just off the interest, and investments, and it not the tax payers. The BS is that the plan will run out of money in 80 years!!! Michigan has the highest auto insure rate of any state by more the 50% to the next highest state. There is no transparency in payment or return on investment with this fund. I do believe that the state oversite committee is bought and paid for by the insurance lobby. Davew

Ex MI here. I saved over $1000 per year when I moved to NC. Probably it was more.

The high rates there are protected by insurance companies, insurance agents and medical providers. So its not likely to change anytime soon.

BTW, the usual excuse given is that "Michigan is a no-fault state" but no-fault doesn't seem to correlate w/ premium costs for any state.

I think there was also an initiative some years ago to lower prices in metro Detroit. As I recall, the eastern Wayne Co rates couldn't be higher that "x" percent of the rest of the state. So, of course, the rates for the rest of the state simply went up, and the 'hood didn't see any appreciable decline.

The high rates -- especially in the days of the old "Drivers Responsibility Tax" -- are a defacto tax, a highly regressive one. Crippling to the poor of MI. But neither party in this seems to care for the poor (Cue line from "History of the World Part I").

_________________
***************
Geek49203 aka
Tim Wohlford
Louisville, KY
Hayes front, S10 +2 rear, Lalo body.