DUmmies Discuss Their Envy Of Wealth

[Karin]

I remember that, TVDoc.  IIRC, I had never seen a tax be repealed so quickly and with such embarrassment.   Whoops!  That didn't work! 

[Oceander]

Even closer to home, I believe that Clinton tried it back in the early ninetys with stuff like luxury yachts, etc........end result........the US recreational boat business shed 100,000 jobs, and the rich folks just went to Norway to buy them, and essentially told BJ to stuff it.........

Funny thing about money......it seems to work just about anywhere, and can be moved really easily.....

doc

Yup, we actually looked at that tax specifically when I was doing my LLM.

[bkg]

That is the stupidest idea, period, because it has been tried ad infinitum and each and every time it has failed, miserably.  Just go ask the North Koreans.

Easy response: "How much have you given to charity in the last year?"

Answer is typically $0.00 when talking to a lib.