Quote:
Originally Posted by Enoch Root
What about bicycles?
If a decent bike can be purchased for a few hundred dollars, then surely a $1,500 bike is a luxury that deserves an extra tax, no?
The point is: applying the tax only to vehicles is ridiculous. Unless you are going to try and apply a luxury tax across the board (i.e. to steaks, clothes, wine and everything else) it's entirely arbitrary, and completely unjustifiable.
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The only reason they are doing it is because the items being taxed will most likely be registered in a government system that allows easy tracking and taxing. Same reason they tax used cars here in SK, because everyone has to go to their government agency and register them.
A lot hard to do with watches, clothes or other items.
It' easy low hanging fruit and since the majority don't own a +100K vehicle they don't get massive kickback.
A diesel truck can top 100k in a hurry and most gas trucks are over 60k. Is it a luxury when you need it for work or your business? 100K is not going to be a luxury benchmark for long.