Australian Government to Impose More Taxes on Luxury Cars

The Australian federal government is planning to increase tax on luxury cars priced over $57,000 AUD from25% that it is today, to 33%. The announcement was made by Federal Treasurer Wayne Swan who said that an increase in tax on luxury cars is fair because people who buy them can afford it. "We don't think it is unreasonable for people who have done well in recent years from government