Originally Posted By: stockrex
ahem,
few points to ponder on:
1. most countries tax imports at 300%, cuz they are based on a consumption tax model.
2. Japan and US are engaged in tit-for-tat (pablo was tempted to misspell tit ;-))
3. US imposed tax for bleeping athletic shoes, by the pair.
4. in japan, us cars are considered a bit luxury
5. think about the us model in most states, you pay a lot of usuage tax, 7% to register, property tax every year, etc.
Maybe not an import tax, but is it Japan that has a 50 or 100% sales tax on all autos, or was that Hong Kong? Or maybe both?
PS. whenever where I'm at starts imposing a property tax on autos, I know it is time to move.