Luxury Car Tax
A luxury car takes up no more space than a non luxury car.
Revenue Review does not accept that the Luxury Car Tax is ethically justifiable.
This tax should be phased out at the rate of 5% per annum, because to remove the tax immediately would have a negative effect on current values.
Many people have suggested that in the current eco-friendly environment that this tax should be substituted with a tax on either the size of a car's engine or its fuel consumption rating. Naturally LPG and hybrid cars would be exempt.
The recent increase of this tax is nothing more than a case of the politics of envy. There is no space for such politics in a socially-competitive global economy.
It defies logic that all Australian made 6 and 8 cylinder cars are not designed, engineered and manufactured with dual fuel.