So long as its indexed to inflation and moves up over time I think its a reasonable cutoff level. The top 10% has taken the majority of the gains in the last 30 years.
This stuff is sensible policy, and we're still paying less than basically every country except the US. German cars in EU countries and places like Singapore are multiples more expensive than here, for the exact same vehicle.
20% over 100k will mostly affect the top of the professional managerial class. Does your VP/CEO really need a break on his luxury purchase?
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