Quote:
Originally Posted by TorqueDog
"The rich" and "people who can spend >$100k on a car" aren't mutually inclusive. I most certainly would not consider myself 'rich'.
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Depends on the definition of rich you use. For most people a rich person is "someone with way more money than me." A definition which is constant in basically all income brackets. The 1% in Canada starts at $245k income. After taxes I'd guess you wouldn't want to make too much less than that and be buying a $100k car.
This would certainly be a tax on at most the top few percent.