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> IMO all sales tax should be regular tax, and road tax/car taxes should just go away. They tax fuel enough to cover for all that and it makes sense to tax on u
by alandarev 12y ago
> IMO all sales tax should be regular tax, and road tax/car taxes should just go away. They tax fuel enough to cover for all that and it makes sense to tax on usage.
Government giving up on any tax opportunity? I wish, but not in the world I know...
> What I didn't quite get from the article is how do taxes compare. Looks like they simply got a more similar treatment to standard cars.
They seem to be removing the 50 years lasting subsidy, which makes sense to be honest - at some point it has to finish.
> These cars would be much cheaper to maintain even with the same tax regime as regular cars.
Exactly my thoughts, if these cars are so popular, efficient, and budget saving - they shall do OK without getting government involved.
- Jtsummers 12y ago> Government giving up on any tax opportunity? I wish, but not in the world I know... Interestingly, the state of Georgia dropped the normal annual ad valorem tax on cars. Now, any new car purchase is covered by its sales tax (which was being paid before) for the life of the vehicle for that owner (when they sell it the new owner will owe some smaller amount, I assume, but haven't had to deal with yet). I still haven't figured out how they expect to make up that revenue, unless other taxes are just bringing in enough revenue to make up for it. Or it may have been expected/hoped that the reduced cost of ownership would encourage the purchase of newer cars.