Don't tax my trade-in!

Let those who want your vote know that taxing your next trade-in is a really bad idea.

How it works new and what you save
For decades Wisconsin consumers have received a sales tax credit for the value of a vehicle they trade in. That means you pay a tax on the real value of the deal: the difference in value between the vehicle you're buying and the one you are trading in - NOT on the full price of the vehicle without subtracting your trade-in. When you buy a $25,000 vehicle and trade in another valued at $10,000, you pay the state's 5 percent sales tax only on the $15,000 difference - for a savings of $500

What you could lose
The state's budget crunch is leading to a search for new forms of revenue. Lawmakers have considered eliminating the trade-in credit before but left it intact. Now, some may see taking your credit as a way to extract $100 million more in taxes per year from Wisconsin's driving public.

What you can do about it now
Voters can get the attention of legislators and candidates. Explain to them that when you vote this November, their support for preserving your trade-in credit will matter to you.

If you oppose this potential tax increase, express that concern to your state legislators and candidates for state Senate and Assembly.

For more information, visit: www.donttaxmytradein.org