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To: Paleo Conservative

State revenues must be sagging...

But seriesly, a 6% surcharge on a $5500 breast implant is $330, enough money for many NJers to go to New York.

Reminds me of the luxury tax on boats and cars a few years back.


6 posted on 07/01/2004 6:13:09 AM PDT by 11th Earl of Mar
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To: 11th Earl of Mar

It also reminds of the Florio tax on heavy trucks. The amount of revenue collected on that tax was $0, since 6% of $200,000+ is $12,000 or more -- and nobody purchased heavy trucks in New Jersey after the tax was imposed.


10 posted on 07/01/2004 6:23:07 AM PDT by Alberta's Child ("Ego numquam pronunciare mendacium . . . sed ego sum homo indomitus")
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To: 11th Earl of Mar

I live here in south jersey. That boat tax caused 3 boat work companies to shut down. Oveer 50 heads of families in our township lost jobs because of it.


25 posted on 07/01/2004 9:28:43 AM PDT by mware
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