Porsche and Ferrari face $59,000 tax on gas guzzlers in France

A draft budget law weaving its way through France’s parliament may force car shoppers to reconsider purchases of Porsche, Ferrari or Lamborghini models that guzzle gasoline.
 

The government in Europe’s second-largest auto market is planning to more than double the “malus” -- or penalty -- consumers must pay based on cars’ carbon-dioxide emissions to as much as 50,000 euros ($59,000) in 2022. The proposal would increase what already are the continent’s costliest taxes on polluting passenger vehicles.
 

“This would be relatively bad news for supercars, luxury and exclusive vehicles, and a show stopper for foreign imported cars,” said Felipe Munoz,