Thank you, Mr. Chair.
Thanks to all the delegates for being here. There have been a lot of interesting topics discussed.
It won't be a surprise that I will go to auto. With regard to the dealers association, I thought it was interesting, and to your credit, that you're advocating for a special consideration for electric vehicles. What people forget is that electric vehicles don't require the same type of maintenance and service as other vehicles because they don't have a lot of liquids and other types of moving parts that are often repaired in your shops. I'm sure that you'd see a decline in business in some general direction for service fees and service maintenance because of these vehicles entering our market. That is an interesting point.
Also, an interesting point you had was about the unintended consequences. When the ecoAuto feebate came into play about 10 years ago, the Toyota Motor Corporation took the side airbags out of the Yaris to make it eligible to get the subsidy, which it got the lion's share of, and then dumped the cars into the market here with a reduction in safety.
Then most recently, we had to fight to get the Pacifica, my locally built Chrysler hybrid, an electric vehicle, onto the $5,000 list. It was left off because of the threshold. It was actually too expensive.
I would like to open the floor to you to expand upon what potential and unintended consequences there might be if we have a luxury tax.