Blackrook
Diamond Member
- Jun 20, 2014
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If I am a carpenter, the rich guy in my neighborhood is probably my best customer, he will order chairs from me while my poor neighbors will order nothing.
If the rich guy gets a break in his taxes, he might order an entire dining room set from me, and then I can feed my family.
I remember the yacht tax, which was a liberal idea to punish the rich for buying yachts. The rich took their business to yacht builders in other countries and shipped their yachts here, and then the American yacht companies all went out of business. Even the Democrats had to admit their stupidity and they repealed the yacht tax.
A lesson from the yacht tax
If the rich guy gets a break in his taxes, he might order an entire dining room set from me, and then I can feed my family.
I remember the yacht tax, which was a liberal idea to punish the rich for buying yachts. The rich took their business to yacht builders in other countries and shipped their yachts here, and then the American yacht companies all went out of business. Even the Democrats had to admit their stupidity and they repealed the yacht tax.
A lesson from the yacht tax