Quote:
Originally Posted by WSSix
What's this trickle down economy talk you're spewing? Everyone knows that is nonsense. You're just trying to protect the rich so they can continue to screw over the rest of us 
How or why people don't understand that if you allow people to keep their money, instead of seizing it through taxation, they will spend it on their own is beyond me. I guess they think trickle down economy means trickle down prosperity or that it's some how guaranteed they will be better off without actually having to get out there and make it happen for themselves. Not only that but to simply be in this hobby, which involves purely discretionary money and spending, and still claim that trickle down economics doesn't work or doesn't exist is mind blowing.
To add to Greg's comments earlier about the taxes targeted directly at yachts. I grew up in Savannah, GA. Technically, outside of it on the islands but the address was Savannah. I remember years of driving into Savannah proper and passing through Thunderbolt, GA and seeing the yachts and sailboats being built during the 80s. I didn't find out until the 90s when I was a teenager that the reason the sailboats and yachts suddenly disappeared and the company went bankrupt was because the government decided to tax people who dared to want to buy one. You may think a fancy boat is unnecessary and maybe even vulgar given that there are people who can't even afford a simple car, but you have no right to punish someone who wants to buy one with their legally earned money. It's also laughable if you claim to care about the little guy when you support legislation that results in that little guy losing his job simply because he worked at a business you deemed unnecessary.
My post isn't directed at anyone specific. Please don't take it that way. I'm just simply venting about interference in the economy by government morons who claim to know what's best for me and you. Or, who try to honestly claim the most basic and obvious truths don't exist or work. |
I've been sayng this, essentially, for a very long time. It's comforting to see someone else say it too.
I think the yacht dealio you are talking about involved the "Luxury Tax" in the early 1990's. I remember Ted Kennedy was a vociferous proponet of the Luxury Tax and it killed the yacht building business in New England just like it did in other parts of the country.