Quote:
Originally Posted by C5driver
What are the taxes like?
I'm considering a KW HAS kit to drop the car 1-1.25".
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About the Belgian taxes in some numbers.
For example...And to give you an idea .
Your salary is $100 USD.
They take instantly $52 USD of it , the other $48 USD is for you (for the moment) this happens before it is on your bank account .
In other words they take 52 % taxes of your salary before you get it in your hands !
But there is more ..
At the end of the year you need to pay taxes on your remaining 48 % of your salary incomes !
Imagine....
On water and electricity consumption it's 6 % of taxes , but like fuel for the cars it's about 64 % .
About car taxes ...
On my car the first time in traffic tax , over here it's called "BIV" .
BIV was 5000 Euro's but now increased to 10000 Euro's , just to put the 4 wheels on the road . ( Permission and registration )
But.... there is also something like the yearly driver tax...
Yes I pay every single year 2000 Euro's yearly driver tax on top of the BIV and is increasing every single year , only to drive on our roads !
When I drive my car for about 10 years...the taxes that I payed are the new price of an ///M3 in the US .
BTW....I payed my car 108000 Euro's , DCT, EDC ect.. , BIV taxes and driver taxes NOT included .
That's why I said ...and more than once on here...
"GOD BLESS AMERICA" !