Though China enacted some pollution-controlling measures (we may have mentioned some of the issues around that) in the months prior to the Olympics (and I haven’t actually heard much about any pollution problems since the games started), the country is also making policy changes that will hopefully curb pollution in the long run. In a not-so-subtle nudge for Chinese consumers, the Finance Ministry is raising taxes on large cars, while simultaneously lowering taxes on small ones. From the Associated Press, as reported in The Detroit News:
The tax on passenger vehicles with engines bigger than 4 liters will be doubled to 40 percent from 20 percent, effective Sept. 1, the Finance Ministry said Wednesday in a statement on its Web site. Those buying vehicles with engines sized from 2 liters up to 4 liters will have to pay a 25 percent tax, up from the current 15 percent, it said.
Cars with engines up to one liter in size will have their tax dropped from three percent to one percent.
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Olympics Olympics Olympics! We love the good, the bad, the ugly and everything in between when it comes to the 2008 Beijing Olympics here at TakePart. It’s reason enough not to miss our Top 10 Stories about the Olympic Games, which we’ve been reporting on in the months leading up to now. Catch the best in TakePart Olympic news below:
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Joey Cheek


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