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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 229.12

-0.2%

Nov 26 3:59 PM EST

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To: Victor Lazlo who wrote (157155)	5/11/2003 3:28:33 PM
From: Lizzie Tudor	Read Replies (1) of 164684

But I will offer one lesson of history.. do you recall the 'luxury tax' that the Dems put through maybe 10 or 12 years ago? Things like pleasure boats and cars costing over $35 or $40k had a extra tax slapped on them.. all it did was put blue coller boat builders out of work, and sharply reduce sales of the high end autos. In fact i know of one boatyard near here that had to shut down altogether. Permanently. That tax caused more damage to the democrats than almost anything else I can think of that they have done. People don't like morality legislation ala Bill Bennett and Dan Quayle but with those guys (so far) its just rhetoric they spout. In the case of this luxury tax the dems enacted, this was some kind of action aimed at legislating lifestyle, the gov't has no business going there. Not to mention the fact that the fur industry was on its knees at the time due to boycotting and Peta. No fan of furs myself but if some industry is going to go down I'd like the gov't to get out of the way.

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