Car manufacturers moan about new tax, miss point

By Incorrect Author 19 October 2009

The National Association of Automobile Manufacturers of SA is warning that the poor, overburdened consumer will have to pay the cost on a tax increase based on the carbon emissions of each model, and is angling for a delay in its implementation on that basis. The adjusted ad valorum tax is due in March, if implemented, and will penalise inefficient engines with a price increase of between 2% and 8%. The manufacturers don’t seem to grasp the concept of a penalty tax; consumers are supposed to pay more if they choose a less efficient vehicle, guys. Also, while this is a nice try it isn’t going to redirect buyer anger over continued high car prices in the direction of government. Read more: Business Report


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