Originally posted by Sailor Still, your point is well taken, Richard - you guys've gotta pay a big premium on imported cars. Based on some of the bloviation emanating from D.C., we may get the same "privilege" here.
Jer
Hi Jer,
Memories are tricky things. After a while, you tend to remember the conclusions, but the details can get a bit hazy or even drop off. It's a bit like doing an end-of-year consolidation with some accounting programs. The totals are kept, but the transactions are deleted. My virgo and engineering impulses are coming to the fore.
I've been thinking about when exactly I got the info and whether or not it's 100% accurate. And I've done a bit of research. I know that there was an article in either a newspaper, a motoring magazine or maybe even a Porsche blog that was complaining about the tax on cars in Oz and they gave the example of a 911 in Oz being more than or more-or-less the same as the total cost of the car in the USA. This was at a time when 1 AUD was worth around 1.05 USD. And I remember how Michael Douglas, as a young detective in "The Streets of San Francisco", could afford to drive a 911 and a young detective here would have been lucky to afford an entry-level Ford. So it must be true
My friend bought a few 911s and he has complained about how much tax he's had to pay.
I think that that's where my memory comes from, but I could be wrong.
I'm not going to comment on Washington bloviation because I might get pinged for a politics and religion violation. All I will say is that tariffs and protectionist schemes end in tears. e.g. if you deprive a manufacturing company of a cheap source of input material, e.g. steel or aluminium, then their prices have to go up. Then they become uncompetitive in the world market and the business closes down. The local steel or aluminium producers that you were trying to protect also have to close down because their market no longer exists. So everyone has lost their job. I could say more.
It's happened here.
Regards,
Richard.