Taxation and the middle class

[Vojnik_Vahaj]

Define “sportscar”. Define “giant mansion”. Define “designer”. Define “luxury”.

I’m not actually saying that a luxury tax is totally impossible, but it’s very difficult to make something like that actually do what you want it to do.

Indeed! Like this is part of why the US has gargantuan trucks as suburban commuter mobiles....because it's a way of getting them around certain laws.

So if you tax "sportscars" 100% then the next Porche 911 will be built on a light truck frame.

Why does it make more sense to tax "luxury goods" than it does to tax high income individuals.

I might be wrong, but there are a ton of tax loopholes rich people use so no matter how much tax they owe, they'll find a way to get around it and not pay. We obviously need to fix the system but that seems unrealistic atm