WTF? This is crazy.

Report: Bugatti Veyron priced from $3.6M in India thanks to 110% taxation — Autoblog

 

That's nothing. My 996 GT2 cost more than double in Taiwan, Thailand. More than 3 times in Singapore and Hong Kong.

Free trade my arse, these countries all need to be beaten with serious tariff for such dbaggery tariff on cars.

 

that's one pricy VW.

 

Rep for you sir.

 

where is Mike S....a topic he can relate to very well.

 

I do not know how they get away with these taxes w/o citizens revolting- although it is probably to protect domestic products and workers.

It probably doesnt bother the uber rich, but it makes buying a 7-series or the like completely pointless.

 

It's the same way in China. A BMW X5 cost over $200k. A 730IL costs around $200k. etc. etc. I believe there is a 100% import tax and an additional penalty (a big one) if your motor is over 3 liters.

 

Sooner or later there will be a revolt in China. This is why the Chinese government is forcing factories to double the wages over the next 5 years.

There is no secret to the Chinese's success. It doesn't take an entrepreneurial genius to get rich buying something for a penny and selling it for $10. The factory owners paid their employees less than $100/month and fed them a bowl of rice a day, all the while they are pocketing the enormous sums of money coming in via massive orders from international corporate giants. So while 99% of the population can't afford to purchase a modest home with their entire life's wages, and their boss is driving to work in a $200k car, something has to give.

It is the Chinese's arrogance that will be their downfall. Much like the Japanese, the Korean, and the Taiwanese, their success was not a result of business genius but more a result of them being many steps behind economically. Once the competitive advantage is gone and there is an equal playing field all of a sudden they aren't so smart and their growth all but stops.

The question is in China (and India) what will happen first..? Will the wages catch up and their growth slow allowing a middle class to rise, or will the people get fed up and revolt before that can happen..

 

Yet 110% on a Veyron is still more than 400% on a 996 GT2

 

I wonder how many this guy's getting...

https://teamspeed.com/forums/busines...lion-home.html