Friday, December 26, 2008

China Raises Taxes on Big Cars (Up to 40%), Lowers Them on Small Cars (Down to 1%) : TreeHugger

China Raises Taxes on Big Cars (Up to 40%), Lowers Them on Small Cars (Down to 1%) : TreeHugger: "Trying to Fight Air Pollution
Only 4 months ago, we wrote about how big cars were the stars at the Beijing Auto Show. But now that air pollution is in the news more than ever because of the olympics, it seems like the Chinese government has had second thoughts: It decided to reduce taxes on small cars, and increase them on big vehicles. And they're not taking half-measures. The tax on some big vehicles can be as high as 40%."

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