Re: CA Assembly votes to triple car tax

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Article #5853

#5853

From: Joel Garry
Date: Sun, 02 Feb 2003 06:16

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On Thu, 30 Jan 2003 19:46:47 +0000 (UTC), Matthew Hunt 
<mph@wopr.caltech.edu> wrote:
>In article <3E397321.3080609@www.net>, Mac  <mac@www.net> wrote:
>
>> Beats me, not form Kalifornia
>
>Well, then, thanks for sharing your insight regarding California's
>tax policies.
>
>> > Do you think that
>> > poor people's cars are worth as much as rich people's cars?
>> 
>> Depends on the cars and who is "poor" and who is "rich".  If two people, 
>> 1 making $30K a year and another making $300K a year both own a $8000 
>> car, the tax increase is the same...
>
>See that thing flying above your head?  That was the point.  Yes, rich
>people can own inexpensive cars.  But is that the typical case?

Actually, it is, see book "The Millionaire Next Door."  They got rich
by being frugal, and holding on to appreciating assets for a long time.

All those late-model BMW's you see on the freeway are leased by wannabees.

jg
-- 
These opinions are my own. 
http://www.garry.to                                       Oracle and unix guy.
mailto:joel-garry@nospam.cox.net                       Remove nospam to reply. 
                                                                       OCP 8i.

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From: joel-garry@nospam.cox.net (Joel Garry)
Newsgroups: misc.consumers,ba.consumers,ca.driving
Subject: Re: CA Assembly votes to triple car tax
References: <c678797a.0301292356.17b87079@posting.google.com> <3E396699.7000404@www.net> <b1bqi9$m0a$2@naig.caltech.edu> <3E397321.3080609@www.net> <b1bvf7$q3h$3@naig.caltech.edu>
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