I read an interesting article in Business Week last week about how in Germany, many company cars are Porsches. German telecom owns 38,000 vehicles for their employees. 85% of high end cars in Germany are registered to companies. In the US, the number is fewer than 20%. German tax rules have made this possible. Employees there would never buy this car for themselves, but having a Porsche for work seems to be prized and proud perk.
Perhaps the US should change its rules for small business owners?