Socialism in action, again
So, how many of you admire and want socialism? Okay, I see about 40 percent of Americans say they do.
Well here's more socialism in action, this time in Cuba:
For example, a new Kia Rio hatchback that sells for $13,600 in the U.S. costs $42,000 in Cuba.
The huge markup is almost entirely taxes.
See, the Castro government couldn't care less whether you get a new car or not. They have government limos, and that's the end of their interest. Plus, if only the rich can afford a new car then the huge tax will fall entirely on them. And we all know how well "Tax the Rich!!" resonates with voters.
So it's brilliant: Cuba's dictator gets a few hundred million more in taxes and is adored by the common people for taxing the rich! Win-win.
Well, except for the folks in the middle class who wanted a new car. But hey, that's socialism. Can't make an omelet without breaking eggs and all that.
Well here's more socialism in action, this time in Cuba:
For decades, Cubans could only buy a car if they got a government
permit to do so. As you could easily have guessed, it took months or years to get such a permit. As the AP drily noted, "that requirement that has greatly restricted vehicle ownership in the
country."
But with the new year the government abolished the requirement for a permit, and Cubans flocked to the dealerships. There they found--can you guess?--that the prices were three times those in a free market.
For example, a new Kia Rio hatchback that sells for $13,600 in the U.S. costs $42,000 in Cuba.
The huge markup is almost entirely taxes.
See, the Castro government couldn't care less whether you get a new car or not. They have government limos, and that's the end of their interest. Plus, if only the rich can afford a new car then the huge tax will fall entirely on them. And we all know how well "Tax the Rich!!" resonates with voters.
So it's brilliant: Cuba's dictator gets a few hundred million more in taxes and is adored by the common people for taxing the rich! Win-win.
Well, except for the folks in the middle class who wanted a new car. But hey, that's socialism. Can't make an omelet without breaking eggs and all that.
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