Just hold on, it will be coming to all of us fairly quickly.
Obama’s America.
When faced with the options of having to fire city/government workers, devolve socialistic programs, defund eco-nut parks programs, et al, the ‘government’ will always choose the option “who is the richest, yet weakest (in an electoral way) target that we can tax the shit out of?” Google the recently implemented taxes on pipe tobacco, etc.....
Oh, it’s OK, it’s only a tax on “rich”. /sarcasm
This would have murdered car dealers, as 2.1 million gross is nothing to them. In the case of Rolls Royce, merely a month.
More brain dead politicians who know nothing about private enterprise.
We used to have a boat and yacht dealership in Pittsburgh PA in a prominent location just outside a major artery leading into the city. Great location in a city with Three Rivers where people indulged in boating. But they slapped a ten percent luxury tax on boats, and goodbye to a healthy boat dealership.
I wish they would put a 600% tax on abortion procedures.
Check stories about a recent tax on loose tobacco for rolling your own smokes, that was in the many hundred percent range too.
They have crossed the line big time and will pay the price come election time.
Then KS government tried it on businesses within areas that local government (along with some developers desiring the properties) VOTED themselves "special tax" to force businesses to close down or move.
Thankfully, in some cases the owners "fought City Hall" and won but not all.
Now their properties sport a BMW & VW dealerships with swanky showrooms. In that instance, even our corrupt "newspaper" trashed the business owners in public to force them out. Following suit, the television and radio stations printed lies and distortions about the businesses and business owners.
Sadly, some businesses closed or moved, their businesses torn down and "readied" for "wonderful condos and specialized shops" that now stand grassy land as the bottom dropped out of everything 1 & 1/2 years ago!
“You ever heard of a tax increase like that?”
Yes.......on April 1 Obama raised the taxes on roll your own tobacco by 2,400%.
Huh.. This company is likely related to the former owner of the Philadelphia Eagles, Norman Braman.