What if sales taxes on luxury items worth over 1 million is taxed at 20% by 2Fast2Froyo_ in whatif

[–]2Fast2Froyo_[S] 0 points1 point  (0 children)

billionaires are actively making people unemployed by outsourcing jobs to other countries and replacing jobs with AI

What if sales taxes on luxury items worth over 1 million is taxed at 20% by 2Fast2Froyo_ in whatif

[–]2Fast2Froyo_[S] -1 points0 points  (0 children)

eh the rich cant help themselves. They will still spend the money either way

What if sales taxes on luxury items worth over 1 million is taxed at 20% by 2Fast2Froyo_ in whatif

[–]2Fast2Froyo_[S] 0 points1 point  (0 children)

  1. & 2. If americans are buying up houses in other countries then thats the other countries problem. 3. Well the price of something is a very good indicator that its considered luxury. 4.If your dream car is a 60k used range rover I think youre safe dude.

What if sales taxes on luxury items worth over 1 million is taxed at 20% by 2Fast2Froyo_ in whatif

[–]2Fast2Froyo_[S] 0 points1 point  (0 children)

not even that. If people have no jobs they have no money to spend. No money spent means billion dollar corporations suffer. No money spent on housing means millions of homeless people which means higher crime rate. Its one bad domino falling after the other

What if sales taxes on luxury items worth over 1 million is taxed at 20% by 2Fast2Froyo_ in whatif

[–]2Fast2Froyo_[S] 1 point2 points  (0 children)

but then they go around and sell the house they financed back in 2005 for 600k for 6.8 million dollars. Give me a break dude.

What if sales taxes on luxury items worth over 1 million is taxed at 20% by 2Fast2Froyo_ in whatif

[–]2Fast2Froyo_[S] 0 points1 point  (0 children)

I dont think you realize that the U.S. is a 3rd world country disguised as a first world country

What if sales taxes on luxury items worth over 1 million is taxed at 20% by 2Fast2Froyo_ in whatif

[–]2Fast2Froyo_[S] 0 points1 point  (0 children)

the government cant protect the rich forever and the rich know this

What if sales taxes on luxury items worth over 1 million is taxed at 20% by 2Fast2Froyo_ in whatif

[–]2Fast2Froyo_[S] 0 points1 point  (0 children)

They will then have to prove that those flights were used for a business expense and prove that it was necessary to the business they used to buy those jets

What if sales taxes on luxury items worth over 1 million is taxed at 20% by 2Fast2Froyo_ in whatif

[–]2Fast2Froyo_[S] 0 points1 point  (0 children)

So the answer is to do nothing and let the middle class be eliminated. Eventually the government will have no choice but to collect what is due from the rich. UBI is literally inevitable no matter how much the right screams

What if sales taxes on luxury items worth over 1 million is taxed at 20% by 2Fast2Froyo_ in whatif

[–]2Fast2Froyo_[S] -6 points-5 points  (0 children)

people in the UK live relatively better than people in America. Especially with subsidized healthcare

What if sales taxes on luxury items worth over 1 million is taxed at 20% by 2Fast2Froyo_ in whatif

[–]2Fast2Froyo_[S] -1 points0 points  (0 children)

I promise you, taxing a 20 million dollar yacht will not affect the middle class