Political Thread in memory of David Reid. (R.I.P.)

[sinkov]

You obviously don't understand Sales Tax, State Tax and Federal Taxes mon ami. For every thousand dollars I earned in the US 40% disappeared in a litany of taxes. Under immediate threat here is the Aston Martin range of products but car manufactures have a long history of hitting the dirt. They are already running at a loss and the Sun Bed God might have just finished them off.

Besides 20% VAT, US cars have to pay import duties of 10%, UK and EU cars imported into the USA pay 2.5% import duties. The various sales taxes and state taxes in the US apply to all cars, not just imported ones. Like I said, Trump is just levelling the playing field.

What I liked yesterday in the Telegraph was the piece just under the one moaning about the damage Trump's tariff will do to our car industry. This one was one pointing out that the 15 thousand pound per car fine for not meeting the ZEV mandate requirement was wrecking our car industry. We don't need Trump tariffs to damage our car industry, it's being wrecked by our vary own eco-loons in government.