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State lawmakers and Sound Transit should find a way to fix the flawed valuation formula used to calculate the agency’s vehicle excise taxes.
Over the first 10 years of a car’s life span, Sound Transit’s formula consistently overvalues a car’s worth compared with Kelley Blue Book values, resulting in higher car-tab fees for owners ...
Voters approved an increased car tab tax when they voted for the Sound Transit 3 package in November. However, as car-tab bills began arriving, the increases shocked some voters. And there's ...
Facing pressure from the Legislature over increased car-tab taxes, Sound Transit said it would cost $6 billion to immediately move to a more accurate car-valuation formula to calculate those taxes ...
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