Path: utzoo!utgpu!news-server.csri.toronto.edu!cs.utexas.edu!wuarchive!zaphod.mps.ohio-state.edu!sol.ctr.columbia.edu!cica!iuvax!rutgers!cunixf.cc.columbia.edu!cunixa.cc.columbia.edu!cmm1
From: cmm1@cunixa.cc.columbia.edu (Christopher M Mauritz)
Newsgroups: comp.sys.mac.misc
Subject: Re: Luxury tax on computers!
Message-ID: <1990Oct5.182914.8900@cunixf.cc.columbia.edu>
Date: 5 Oct 90 18:29:14 GMT
References: <1990Oct4.211107.21809@midway.uchicago.edu> <6150@ethz.UUCP>
Sender: news@cunixf.cc.columbia.edu (The Daily News)
Followup-To: comp.sys.mac.misc
Organization: Columbia University
Lines: 69

In article <6150@ethz.UUCP> mrys@bernina.UUCP (Michael Rys) writes:
>In article <1990Oct4.211107.21809@midway.uchicago.edu> gft_robert@gsbacd.uchic\
ago.edu writes:
>>-------
>>In article <1990Oct4.203906.3559@eng.umd.edu>, russotto@eng.umd.edu (Matthew \
T. Russotto) writes...
>>[...]
>>>>
>>>>HOW THE TAX WOULD WORK
>>>>The luxury tax is a 10% tax assessed on the value of the following
>>>>luxury items over the following threshholds:
>>>>
>>>>    Cars over $30,000
>>[...]
>>>>    ELECTRONICS over $1,000
>>
>>Fascinating.  If I want to buy a $25,000 auto, I don't have to pay any
>>additional tax.  But if I were to buy a $1500 Mac Classic, I have to cough up
>>$150 extra.
>>
>
>Ask yourself:
>- Which car brands cost more than $30,000? Ford, Chrysler, GM? No (ok, maybe
>  some very top of the line cars)! But look at the successful companies in tha\
t
>  range -> BMW, Mercedes, Rolls-Roys etc. -> European, ie non-US.
>
>- Who is going to buy jewelery for over $5,000? From where? You got it, the
>  rich and if it is not made by a local goldsmith it comes from overseas.
>
>- Who sells the most HIFI, VCRs, Microwave ovens? Yeah, right- the Japanese.
>
>Now what do you think, Bush had in mind with this tax?
 
 
>1. Increase Taxes without breaking his "Read it from my lips" word by not incr\
 
 
>which was not forseen - I guess - because they might have not heard that you c\
 
>buy personal computers (or macs :-) nowadays. When they went to university the\
 
 
>
 
Well, I don't know what the papers are saying in CH, but the increased
tax measures are from the oposition party (Democratic party).  If Bush
had his way, he would try to reduce taxes (which is more along the lines
of Bush's (Republican) party).  As a matter of fact, when this bill
went up for a vote yesterday, it was soundly defeated by Bush's party so
you are going to see some changes before it passes.  Maybe the "luxury"
(is a computer really a luxury in this day and age???) taxes will be
removed in the final version.
 
>But this gets of comp.sys.mac.* I redirect follow-ups to talk.politics.misc
>(which I don't read (I am a European, I don't have a congressperson to contact\
:-))
 
that's OK, I'll just re-direct it back. :-)
 
Cheers,
 
Chris
------------------------------+---------------------------
Chris Mauritz                 |D{r det finns en |l, finns
cmm1@cunixa.cc.columbia.edu   |det en plan!
(c)All rights reserved.       |
Send flames to /dev/null      |
------------------------------+---------------------------