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
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.