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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Gordon A. Langston who wrote (482238)	10/27/2003 2:01:31 PM
From: DuckTapeSunroof	Read Replies (2) \| Respond to of 769667

Interesting post, thanks. ...Too bad it is only marginably comparable: For one thing, it doesn't answer either of my two questions (reposted below). For another, the situations are very different. The 'luxury car tax was tripled to reach 2% - so it was increased about 1.34% (rounded up) on the value of the auto. The luxury boat tax was a full 10%. And with boats, buyers just ordered overseas for better prices. This is much harder to do with autos. ------------------------------- Yet unknown: >>> For example, is the 'luxury tax' causing people to buy cheaper, more fuel efficient cars? >>> Or is it merely causing them to forgo purchases of luxury autos... just for now? ...In which case, as their older autos eventually wear out, purchases will resume, having been merely delayed, not abandoned.