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Yachts, golf clubs and cars with powerplants over 2 liters will be subject to new taxes in China as the country aims to counter the evils of capitalism  trounce on free trade halt the widening gap between rich and poor in the country and increase energy efficiency. The country's leaders hope the move will deter people from buying vehicles like the BMW 325i, HUMMER H2 and other vehicles with larger engine displacments. The new taxes are expected to affect 20 percent of the cars on China's roads.

China ups taxes for big engines originally appeared on Autoblog on Wed, 22 Mar 2006 19:30:00 EST. Please see our terms for use of feeds.

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