Re: [COUPERS-FLYIN] Taxes & Ins

[Wayne]

----[Please read http://ercoupers.com/disclaimer.htm before following any advice in this forum.]---- Jim::   I could not find an Air Use Tax Specifically, however there is a Foreign arrival and departure tax of $13.20.  Speaking of taxes, in the Sunshine State of California, the tax capitol (capital) of the world. we pay a Personal property or Use tax of approximately $160 per year.  which in theory places an aircraft in exempt status after 35 years, but, YOU CANNOT FLY YOUR AIRPLANE!  That's true.  According to the law, You must exhibit your airplane at 12 different venues (subject to audit) during the year preceding the request for exemption, the after the exemption is granted, you can only fly the aircraft to these venues.  It cannot be flown for pleasure, for testing, or for maintenance, only to and from exhibitions.  We also pay the state Property tax (about $190.00) for the property the leased hangar sits on at the Municipal Airport.   My airplane is 37 years old, has been flown 1,500 hours, and has been sold 5 times.  It has generated  $6,000 dollars in use tax, $7,000 in property tax, $ 3,000 in sales tax, $ 4,000 in Gasoline tax.  $36,000 in parking and hangar fees, that's damned near 60 grand for an airplane that originally sold of six thousand dollars!  That's a sizeable profit for the Governments, City, County, and Federal, that like to treat us like dog poop.   I carry minimum liability to be able to keep my aircraft at a Municipal Airport, that's 1 million, on ground or in air, full collision and hull coverage ($22,000) and $100,000 life insurance for pilot and passenger, and $5,000 medical, I also carry a rider for any appointed licensed pilot to fly the airplane and maintain the coverage.  This costs about $1,000 per year.   PS  I did pay a navigation tax in Germany with my former Ercoupe.  It cost 160 DM to fly across Germany, and telecommunicate once with Templehoff Control.  This is what the Misinformed Liberals are trying to get the FAA to do in this Country.   This has been a taxing post!   Wayne Woollard N6596Q ----- Original Message ----- From: Jim Phelps To: ERCOUPERS Sent: Tuesday, March 04, 2003 10:38 PM Subject: [COUPERS-FLYIN] Taxes & Ins ----[Please read http://ercoupers.com/disclaimer.htm before following any advice in this forum.]---- I would like to know how is your airplane taxed in your state and county? I know I brought this up a couple of years ago, but here goes again.  How many remember a federal AIR USE TAX?  If I remember right the fed's never sent a notice, it was your responsibility to send it in each year. I believe it was $ 25.00 for planes up to a certain wt. and than on up depending on wt. Of course the Ercoupe was $ 25.00. If there is now no tax, when was it repealed? If its still in use why hasn't anyone wrote about it?  On Ins., What do most of you carry in Dollar amount for liability and Med.? Do many of you carry Hull ins.?  2749 H is in for annual. we took the wings off today. On initial inspection it looks good. Found one mouse nest but showed no corrosion when removed.  My Mec. and a instructor from WNCC Aircraft school here in Sidney will inspect (according to AD) it further tomorrow.   Jim Phelps ========================== To leave this forum go to: http://ercoupers.com/lists.htm Search the archives on http://escribe.com/aviation/coupers/ ========================== To leave this forum go to: http://ercoupers.com/lists.htm Search the archives on http://escribe.com/aviation/coupers/