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German austerians are not against tax increases to balance budgets.
Taxes on the poor is ok, but a luxury tax on cars in Greece was not allowed.
ReporterNet.com | Tax on Luxury Cars to be Abolished
The government is expected to abolish the luxury tax on private cars with ex-factory prices of more than 20,000 for new and 16,000 for used, according to statements by Deputy Finance Minister Pantelis Oikonomou, who cited European legislation. "In order to prevent the country from being referred to the European Court, a draft provision has been prepared for the abolition of the luxury tax on private cars," he said in Parliament. Luxury tax rates vary between 10% and 40%, depending on the ex-factory price. Oikonomou said the ministry is also preparing a more favorable tax regime for imported used cars. Greece has already lost a case at the European Court on this issue.
The government is expected to abolish the luxury tax on private cars with ex-factory prices of more than 20,000 for new and 16,000 for used, according to statements by Deputy Finance Minister Pantelis Oikonomou, who cited European legislation.
"In order to prevent the country from being referred to the European Court, a draft provision has been prepared for the abolition of the luxury tax on private cars," he said in Parliament.
Luxury tax rates vary between 10% and 40%, depending on the ex-factory price.
Oikonomou said the ministry is also preparing a more favorable tax regime for imported used cars. Greece has already lost a case at the European Court on this issue.
Just don't you dare tax BMWs. Be nice to America. Or we'll bring democracy to your country.
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