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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If we want to do bike to car comparisons, I'd say:
$400 bike = base Hyundai Accent
$700 bike = base Honda Civic
$1000 bike = mid trim CRV
$1500 bike = mid trim 4Runner
$100k equivalent would be at least $3000.
I wonder what the sales numbers are of $3k + bikes vs. $100k autos...I suspect a lot more of the latter. Cars (and boats, RVs, etc. )are a purchase that already involve red-tape, so it makes sense from an implementation standpoint.