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

To: DuckTapeSunroof who wrote (482244)10/27/2003 2:08:29 PM
From: Bob  Read Replies (1) | Respond to of 769670
 
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.

Buddy;

The "luxury" buyer does not buy cheap, fuel efficient cars.
It just doesn't fit into the definition of the "luxury" buyer.

Yes, they will forego "just for now," until the law is overturned.

Regards,

Bob



To: DuckTapeSunroof who wrote (482244)10/27/2003 2:16:48 PM
From: Gordon A. Langston  Read Replies (1) | Respond to of 769670
 
I think they'll delay purchases. Still there will be a gap in revenues that may never be filled. Like when you go on strike. Analogies always seem to be imperfect but the manipulation of this tax mostly makes for uncertainty, not a good business atmosphere. I think the dealers were trying to stimulate sales by offering to pay the tax on some makes and models.


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