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Jerome a Paris:
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.

Sweden's finest (and perhaps only) collaborative, leftist e-newspaper Synapze.se
by A swedish kind of death on Sun Mar 18th, 2012 at 03:50:33 PM EST
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