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That experiment

Let those involved in the production and distribution of LUXURY items and services fend for themselves.

Failed in the 80s. Put earnest blue collar workers who happened to build boats and planes out of work.

"What went wrong with the luxury tax was that, in trying to go after the rich guys' toys, Congress put the toymakers out of business. The rich guys, meanwhile, bought other toys (including foreign-made ones) not covered by the tax; or they bought used toys and refurbished them; or they simply saved the money, waiting to spend it another day. "



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  Kimber Kable  


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