5 ms·

Same here in Australia. We also have a 5% tariff, and an additional 33% on so called "luxury cars", even though we don't have a car industry anymore.

BLKNSLVR 2y ago
We still have the tariff? Fucks sake shitty Australian governments on both sides. How long have Holden and Ford been gone now? Seven years!
- BLKNSLVR 2y ago
  Apparently the import tariffs on cars is gone, primarily due to free trade agreements. However, the luxury car tax still applies to cars over the following values (retail cost inclusive of GST, customs, delivery): - $91,387 for fuel-efficient vehicles - $80,567 for others And the 33% tax applies to the value of the car above the threshold. I have much less of a problem with that arrangement.
  - OccamsMirror 2y ago
    Do you have a source for the 5% tariff being removed? A quick Google search didn't yield any definitive results for me.
    - BLKNSLVR 2y ago
      The tariff doesn't seem to be removed, but it doesn't apply to suppliers in countries covered by free trade agreements. I was careless in my reading and writing. Source: https://www.goauto.com.au/news/general-news/regulation/77-per-cent-of-new-cars-already-have-zero-tariff/2018-01-05/68578.html https://www.goauto.com.au/news/general-news/regulation/77-pe...
grecy 2y ago
The luxury car tax is such a scam. There’s no luxury boat tax. No luxury plane tax, no luxury watch or diamond or pool or McMansion tax.
- Cumpiler69 2y ago
  >The luxury car tax is such a scam. It's just another tax on the working class. ~40% income tax, then on what's left you pay another ~20% VAT, then some luxury tax on top of that because how dare you afford more than bread and water you filthy feudal lord? Billionaires who buy actual luxuries have a plethora of avenues of avoiding any kind of luxury taxes. Why do you think Monaco exists? Or Dubai?

5 ms·

Same here in Australia. We also have a 5% tariff, and an additional 33% on so called "luxury cars", even though we don't have a car industry anymore.

by OccamsMirror 2y ago

BLKNSLVR 2y ago
We still have the tariff? Fucks sake shitty Australian governments on both sides. How long have Holden and Ford been gone now? Seven years!
- BLKNSLVR 2y ago
  Apparently the import tariffs on cars is gone, primarily due to free trade agreements. However, the luxury car tax still applies to cars over the following values (retail cost inclusive of GST, customs, delivery): - $91,387 for fuel-efficient vehicles - $80,567 for others And the 33% tax applies to the value of the car above the threshold. I have much less of a problem with that arrangement.
  - OccamsMirror 2y ago
    Do you have a source for the 5% tariff being removed? A quick Google search didn't yield any definitive results for me.
    - BLKNSLVR 2y ago
      The tariff doesn't seem to be removed, but it doesn't apply to suppliers in countries covered by free trade agreements. I was careless in my reading and writing. Source: https://www.goauto.com.au/news/general-news/regulation/77-per-cent-of-new-cars-already-have-zero-tariff/2018-01-05/68578.html https://www.goauto.com.au/news/general-news/regulation/77-pe...
grecy 2y ago
The luxury car tax is such a scam. There’s no luxury boat tax. No luxury plane tax, no luxury watch or diamond or pool or McMansion tax.
- Cumpiler69 2y ago
  >The luxury car tax is such a scam. It's just another tax on the working class. ~40% income tax, then on what's left you pay another ~20% VAT, then some luxury tax on top of that because how dare you afford more than bread and water you filthy feudal lord? Billionaires who buy actual luxuries have a plethora of avenues of avoiding any kind of luxury taxes. Why do you think Monaco exists? Or Dubai?