Sales Tax Impact Is Murky For Normal As Rivian Sales Begin – WGLT (NPR at ISU)

The answer is important in part because Rivian vehicles are expensive. The cheapest Rivian now starts at $67,500. With the typical tax rate on a vehicle sale 6.25%, that’s at least $4,200 in tax revenue for every vehicle. If Rivian sells tens of thousands of vehicles each year, that’s big money.

SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER

Home Page Signup
First
Last
Check what you would like to receive:

FOLLOW US

 

WIREPOINTS ORIGINAL STORIES

WE’RE A NONPROFIT AND YOUR CONTRIBUTIONS ARE DEDUCTIBLE.

SEARCH ALL HISTORY

CONTACT / TERMS OF USE