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States using vanity plates to supplement budget problems

Posted on January 15th, 2012

In an effort to battle an ever-growing budget crunch across the country, many states have started charging significant amounts of money for personalized license plates, according to The Wall Street Journal.Some parts of the country have historically charged as little as $5 for the specialized car accessories, but recently Texas prices hit as high as $15,000 for a plate which read FERRARI.Many states are raising surcharges and proposing annual fee hikes for these personalized plates, but the Lone Star State Star took it even further. Texas hired a private company to raise $25 million over the next five years with a license plate auction, the newspaper reports.

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Tags: Budget, Budget Problems
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How the new budget affects the UK motorists

Posted on June 21st, 2010

If you compare insurance quotes for a driver in UK for the last 12 months, the prices are rising, making the purchase of car insurance a more expensive option. Now, after yesterday’s emergency budget, the cost of purchasing car insurance has yet again taken a new height.

The new budget is going to affect the UK drivers severely. The value added tax (VAT) is going to increase with effect from the month of January, 2011. The increase in VAT will affect the costs of various car parts including the fuel and repairs costs. Purchasing a new car will be an ever-expensive option for the drivers in the UK. The changes announced yesterday will be effective from January 4 next year. U

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Tags: Budget, Budget Affects
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