GT2RS lands in OZ
Registered User
Joined: Jun 2007
Posts: 160
From: Miami Beach
Rep Power: 32
+1
It is just another case of the Australian government implementing one of its "The needs of the many outweigh the needs of the few" socialist policies.
I am an economist at UNSW and we have shown that in Australia the effective tax rate is 70% - income tax, GST, import duties, sales taxes etc all accumulated together - which goes to pay for Public Health Care, Unemployment insurance (more like unemployment permission) and an overcomplicated Bureacratic Government whose sole job is the imposition of regulations, not the provision of opportunities as it should be.
Take heed America, this is where your Government is taking you. It happened to Europe, it happened to us and it will happen to YOU! <insert spooky music>
It is just another case of the Australian government implementing one of its "The needs of the many outweigh the needs of the few" socialist policies.
I am an economist at UNSW and we have shown that in Australia the effective tax rate is 70% - income tax, GST, import duties, sales taxes etc all accumulated together - which goes to pay for Public Health Care, Unemployment insurance (more like unemployment permission) and an overcomplicated Bureacratic Government whose sole job is the imposition of regulations, not the provision of opportunities as it should be.
Take heed America, this is where your Government is taking you. It happened to Europe, it happened to us and it will happen to YOU! <insert spooky music>
Registered User
Joined: May 2006
Posts: 1,218
From: Florida
Rep Power: 70
+1
It is just another case of the Australian government implementing one of its "The needs of the many outweigh the needs of the few" socialist policies.
I am an economist at UNSW and we have shown that in Australia the effective tax rate is 70% - income tax, GST, import duties, sales taxes etc all accumulated together - which goes to pay for Public Health Care, Unemployment insurance (more like unemployment permission) and an overcomplicated Bureacratic Government whose sole job is the imposition of regulations, not the provision of opportunities as it should be.
Take heed America, this is where your Government is taking you. It happened to Europe, it happened to us and it will happen to YOU! <insert spooky music>
It is just another case of the Australian government implementing one of its "The needs of the many outweigh the needs of the few" socialist policies.
I am an economist at UNSW and we have shown that in Australia the effective tax rate is 70% - income tax, GST, import duties, sales taxes etc all accumulated together - which goes to pay for Public Health Care, Unemployment insurance (more like unemployment permission) and an overcomplicated Bureacratic Government whose sole job is the imposition of regulations, not the provision of opportunities as it should be.
Take heed America, this is where your Government is taking you. It happened to Europe, it happened to us and it will happen to YOU! <insert spooky music>
Registered User
Joined: Sep 2004
Posts: 558
From: Columbia Ca. JSA
Rep Power: 48
Yup, the actual cost is $600K AUD on the road... OKAY here goes one of my silly rants...
<rant>
The whole luxury car tax regime is absolutely abhorrent! There is NOTHING that warrants that sort of tax. I mean, there is no such thing as Luxury Home Tax, Luxury Boat Tax, Luxury Jewellery Tax... Just for cars only. It's HARDLY an equitable system of taxation for it targets only a SMALL group of people who have a preference for nice cars.
You work hard, pay your taxes, then with that money (already taxed) you buy something you love and pay tax again and again!
To me, it's a tax set up by the retards by both the left and right, but probably more so the right. Why? Because it makes those kind of cars only available to the VERY wealthy (who seem to get away with paying very little tax somehow!)
Here are the facts:
A car is subject to Luxury Car Tax (LCT) if it's value exceeds $57,000 AUD. Which is just peanuts. My other car, a VW Golf R32 cost $60,000 AUD and that too was subject to LCT (albeit a small bit).
The Government (labor LEFT) in 2008, upped the LCT rate from 25% to 33%. It's freaking ridiculous.
For my C2 997.2, in total cost me $220,000 AUD. Of that total the tax I paid was as follows:
$ 27.00 = Registration transfer tax
$ 15,840.10 = Goods and Services Tax (Value added tax)
$ 35,121.00 = Luxury Car Tax
$ 9,570.00 = Stamp Duty (State government tax)
Total of $60,558.10 in taxes for which the govt provides me F*** all with other than S*** roads and speed cameras in order to try to take more money from me.
*sigh* That felt better... </rant>
<rant>
The whole luxury car tax regime is absolutely abhorrent! There is NOTHING that warrants that sort of tax. I mean, there is no such thing as Luxury Home Tax, Luxury Boat Tax, Luxury Jewellery Tax... Just for cars only. It's HARDLY an equitable system of taxation for it targets only a SMALL group of people who have a preference for nice cars.
You work hard, pay your taxes, then with that money (already taxed) you buy something you love and pay tax again and again!
To me, it's a tax set up by the retards by both the left and right, but probably more so the right. Why? Because it makes those kind of cars only available to the VERY wealthy (who seem to get away with paying very little tax somehow!)
Here are the facts:
A car is subject to Luxury Car Tax (LCT) if it's value exceeds $57,000 AUD. Which is just peanuts. My other car, a VW Golf R32 cost $60,000 AUD and that too was subject to LCT (albeit a small bit).
The Government (labor LEFT) in 2008, upped the LCT rate from 25% to 33%. It's freaking ridiculous.
For my C2 997.2, in total cost me $220,000 AUD. Of that total the tax I paid was as follows:
$ 27.00 = Registration transfer tax
$ 15,840.10 = Goods and Services Tax (Value added tax)
$ 35,121.00 = Luxury Car Tax
$ 9,570.00 = Stamp Duty (State government tax)
Total of $60,558.10 in taxes for which the govt provides me F*** all with other than S*** roads and speed cameras in order to try to take more money from me.
*sigh* That felt better... </rant>
Whats worse, is many of the tax laws are just to control peoples actions; not for revenue.
Registered User
Joined: Jul 2010
Posts: 43
From: San Francisco, CA
Rep Power: 17
I've got more time on the roads in Vic than in NSW, but I gotta say - I thought the roads pretty much anywhere but the extreme bush were really, really good, but I'm dealing with broke-*** California.
MB
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Registered User
Joined: Nov 2009
Posts: 154
From: Sydney, Australia
Rep Power: 31
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Registered User
Joined: Feb 2007
Posts: 468
From: Melbourne Australia
Rep Power: 47
Yup, the actual cost is $600K AUD on the road... OKAY here goes one of my silly rants...
<rant>
The whole luxury car tax regime is absolutely abhorrent! There is NOTHING that warrants that sort of tax. I mean, there is no such thing as Luxury Home Tax, Luxury Boat Tax, Luxury Jewellery Tax... Just for cars only. It's HARDLY an equitable system of taxation for it targets only a SMALL group of people who have a preference for nice cars.
You work hard, pay your taxes, then with that money (already taxed) you buy something you love and pay tax again and again!
To me, it's a tax set up by the retards by both the left and right, but probably more so the right. Why? Because it makes those kind of cars only available to the VERY wealthy (who seem to get away with paying very little tax somehow!)
Here are the facts:
A car is subject to Luxury Car Tax (LCT) if it's value exceeds $57,000 AUD. Which is just peanuts. My other car, a VW Golf R32 cost $60,000 AUD and that too was subject to LCT (albeit a small bit).
The Government (labor LEFT) in 2008, upped the LCT rate from 25% to 33%. It's freaking ridiculous.
For my C2 997.2, in total cost me $220,000 AUD. Of that total the tax I paid was as follows:
$ 27.00 = Registration transfer tax
$ 15,840.10 = Goods and Services Tax (Value added tax)
$ 35,121.00 = Luxury Car Tax
$ 9,570.00 = Stamp Duty (State government tax)
Total of $60,558.10 in taxes for which the govt provides me F*** all with other than S*** roads and speed cameras in order to try to take more money from me.
*sigh* That felt better... </rant>
<rant>
The whole luxury car tax regime is absolutely abhorrent! There is NOTHING that warrants that sort of tax. I mean, there is no such thing as Luxury Home Tax, Luxury Boat Tax, Luxury Jewellery Tax... Just for cars only. It's HARDLY an equitable system of taxation for it targets only a SMALL group of people who have a preference for nice cars.
You work hard, pay your taxes, then with that money (already taxed) you buy something you love and pay tax again and again!
To me, it's a tax set up by the retards by both the left and right, but probably more so the right. Why? Because it makes those kind of cars only available to the VERY wealthy (who seem to get away with paying very little tax somehow!)
Here are the facts:
A car is subject to Luxury Car Tax (LCT) if it's value exceeds $57,000 AUD. Which is just peanuts. My other car, a VW Golf R32 cost $60,000 AUD and that too was subject to LCT (albeit a small bit).
The Government (labor LEFT) in 2008, upped the LCT rate from 25% to 33%. It's freaking ridiculous.
For my C2 997.2, in total cost me $220,000 AUD. Of that total the tax I paid was as follows:
$ 27.00 = Registration transfer tax
$ 15,840.10 = Goods and Services Tax (Value added tax)
$ 35,121.00 = Luxury Car Tax
$ 9,570.00 = Stamp Duty (State government tax)
Total of $60,558.10 in taxes for which the govt provides me F*** all with other than S*** roads and speed cameras in order to try to take more money from me.
*sigh* That felt better... </rant>
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