Mr AE has an idea, for when he becomes president.
Anyone who brings an old junker to Metaldom to be melted down, and forever taken off the roads, gets permission to import a car up to 10 years old tax free.
Good concept on paper.....but would need tweaking to avoid the inevitable. The fear would be they won’t-can’t afford to buy a newer car.....so they would just sell their exoneration to the highest bidder....and there would be many......as the high taxes the government collects from the automotive importers is a main source of revenue for the government.
Tweaking the basic concept from Mr. AE, perhaps a waiver of the ITBIS 18% and the 17% first placa fee and a low no interest loan through the government, if they purchase locally.....thereby stimulating the local economy which has a current oversupply of used cars.
That would help solve the current oversupply of cars, help to clean up the junkers plying the streets, and stimulate the local economy.
Of course there would need to be other parameters to avoid the inevitable abuse.....perhaps the vehicles eligible must be at least 10, but no older than 15 years, a cap on the total amount of ITBIS and first placa that could be rebated/discounted by buying locally.
The idea has merit, but unless the politicos can figure out a way to personally benefit from it.......it will remain just that......a good idea.
Respectfully,
Playacaribe2