Quote:
Originally Posted by Metropolis
Taxes in general, are stupid.
If you think about it - Would you rather them pay whatever in taxes, or alternatively, go spend with that taxes?
Say a BMW costs 60,000. And, the luxury tax adds another 60,000 (being extremist). Would you rather there be the tax, or would you just rather them buy TWO BMWs?
Economically. Two BMWs are better than One BMW and tax. :x
|
ummm... you just said that you were making an exageration and that is why what you are saying makes no sense at all...
Quote:
Originally Posted by Drakej
The whole luxury tax thing is just a nightmare to implement. Do we tax people that make over 250k per year and happen to buy a BMW, or do we tax the guy that saved for 10 years to afford the same BMW who only makes 40k a year? I know plenty of people that are just regular joes who own 3 to 5 cars. Hell some of the guys have cars that they only drive on the race track. Do we tax them for that luxury even though they make 30 to 45 thousand a year?
|
If people's income is low and they have the surplus to buy multiple expensive cars, then they are some of the definitions of rich. Since they have surplus that they are not investing in the economy, some extra money can be taken to reduce taxes on people that aren't buying items that they don't need.