GM Inside News Forum - View Single Post - REPORT: Hyundai Equus coming to the States in July 2010, priced under $60,000

CUtiger08 · 07-13-2009, 09:56 PM

So the fact that our goverment doesn't add an extra tax on cars, thereby making all cars regardless of national origin notably cheaper for consumers, is somehow considered a subsidy on foreign cars by their goverments??

If Congress wanted they could easily add a VAT on all cars to our system. And I'm sure everyone would love paying an extra 10-20% in taxes on each and every single vehicle sold in the US, especially right now during a recession that's hitting the auto industry just as hard as any other sector.

07-13-2009, 09:56 PM	#115 (permalink)
CUtiger08 3.0 Liter SIDI V6 Join Date: Oct 2008 Posts: 539	Re: REPORT: Hyundai Equus coming to the States in July 2010, priced under $60,000 So the fact that our goverment doesn't add an extra tax on cars, thereby making all cars regardless of national origin notably cheaper for consumers, is somehow considered a subsidy on foreign cars by their goverments?? If Congress wanted they could easily add a VAT on all cars to our system. And I'm sure everyone would love paying an extra 10-20% in taxes on each and every single vehicle sold in the US, especially right now during a recession that's hitting the auto industry just as hard as any other sector.