America's Hat has a new tax

Carpediem44DB

Well-Known Member
Aug 18, 2015
3,230
Sanfransico Bay area
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2000 Carver 506
2006 44 DB Sedan Bridge
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What will they do when the lower class can't afford a new EV (or a used one) and can't afford $8/gallon gas? Raise taxes again to offer handouts?
 
On the same subject, an interesting story here about how right now even a billionaire can’t even get an electric car. Mind you it’s not because he can’t afford one but rather that there aren’t any available at any price. But let’s keep pushing for everyone to be forced to switch to the unobtainable. Although I firmly believe that the plan is to push for communism and the fun part of communism is the government gets to decide if you are worthy of personal possessions or not anyways. To which that answer is almost always no and the few times it’s yes it isn’t yes for very long.

https://pjmedia.com/news-and-politi...billionaire-cant-get-an-electric-car-n1624327
 
Canada adding new tax to private jets, luxury yachts to curb dirty energy use: ‘It is fair’ (msn.com)
This should have a cooling affect on the boat market in Canada. Is there a a sales or VAT tax already and this 10% will be an additional tax? This is projected to only raise 463 million over five years as well. Clearly just a punishment for those who produce the wealth.
Mean while in CA, our PUC just signed off on Newsome's new law banning new ICE automobile sales after 2035. The unicorn chasing libs want to believe that the technology will improve to where electric cars will be just as cheap and easy to fuel as gassers are today. What a bunch of dreamers!

In Ontario Canada, we already have 13% Harmonized Sales Tax (HST - doesn't that sound nice...). Now they will take your purchase total, add HST and THEN apply the new 10% to that total - the "because you're wealthy" Tax. Nice - an extra tax on your purchase price, but also an additional bump of tax applied to your HST tax. This is part of the decline of our North American Empires. Just like what happened to the Roman Empire and others before. Sad that being successful in life is being punished to provide for those that have no ambition.
 
In Ontario Canada, we already have 13% Harmonized Sales Tax (HST - doesn't that sound nice...). Now they will take your purchase total, add HST and THEN apply the new 10% to that total - the "because you're wealthy" Tax. Nice - an extra tax on your purchase price, but also an additional bump of tax applied to your HST tax. This is part of the decline of our North American Empires. Just like what happened to the Roman Empire and others before. Sad that being successful in life is being punished to provide for those that have no ambition.
“The tax will apply to new cars and aircraft with a retail sales price over $100,000 and to vessels over $250,000. It will be calculated at the lesser of 20% of the value above a set threshold ($100,000 for cars and personal aircraft, and $250,000 for vessels) and 10% of the full value of the item subjected to tax”

It’s not just for business jets. Any Aircraft over $100,000 will be hit.
Gliders, Cessna 172 etc.
 
What will they do when the lower class can't afford a new EV (or a used one) and can't afford $8/gallon gas? Raise taxes again to offer handouts?

All of us commoners will ride mass transit trains or bicycles, of course. Just like China.
Meanwhile, the uppers will still have the limos and private jets.
 
They'll probably "phase out" gas stations as part of the climate change initiative, so you might want to horde gasoline in some secret underground storage tank. Strike that, the FBI would probably raid your property and you'd be tabled a domestic climate change terrorist. They'd confiscate your fuel and use it to fill the elites limos.

If I lived in Kalifornication I'd run out and buy a new gas powered car right before the dead line then drive it forever. Fuggem.
 
This new tax is not just for new boats, cars and aircraft!
I don’t trust this current Canadian government one bit! Initially, the tax was reported as being applied to “new” vehicles..aircraft, cars and boats…but quickly going through a govt website, they refer to “subject”vehicles sold and imported……
Caveat emptor!


Application of the luxury tax
In general, the luxury tax on subject vehicles will apply to sales or importations of subject vehicles priced or valued above the $100,000 price threshold. However, the luxury tax could also apply if a person registers, leases out or has an improvement made to a subject vehicle priced or valued above the price threshold. In addition, the luxury tax will apply if a person ceases to be a registered vendor of subject vehicles and holds any tax-free inventory of subject vehicles valued above the price threshold.
https://www.canada.ca/en/revenue-ag...hicles-under-select-luxury-items-tax-act.html

My broker indicated that, in his opinion, used boats are included! Fwiw.
 
If I lived in Kalifornication I'd run out and buy a new gas powered car right before the dead line then drive it forever. Fuggem.
Just imagine the next phase of punishing the polluters that use ICE vehicles after 2035, fuel will have to be exponentially more expensive since there will be so little of it produced by then. Even if there was still a market for it, California will make it so expensive for refiners to stay in business there will only be a few left. It is so crazy that the tree huggers who mostly are made up of "highly educated" people that either can't or won't understand how damaging to the environment battery elements are to mine and that there just is not enough capacity on the electrical grid to replace the energy needed to replace fossil fuels yet. In CA there are no plans of that I know of to increase power generation other than more solar and wind or pie in the sky tidal generation. What they want is for the population to stop using personal transportation and rely on public mass transportation like the 'advanced' Europeans.
 
Y’all know EV’s have nothing to do about climate riiight!?
Wait a second….aren’t you the same guy that was screaming about the vaccine wouldn’t work and claiming masks wouldn’t stop the spread….well, how’d that work out, huh?
Oh…wait….
 
Wait a second….aren’t you the same guy that was screaming about the vaccine wouldn’t work and claiming masks wouldn’t stop the spread….well, how’d that work out, huh?
Oh…wait….

Yes. And I was right. A public service to you for no charge.
 
Wait a second….aren’t you the same guy that was screaming about the vaccine wouldn’t work and claiming masks wouldn’t stop the spread….well, how’d that work out, huh?
Oh…wait….
Well the vaccine isn't working and neither are masks. Most of the cases I know of were in vaxxed folks. Yes I know that the more that got the vax will skew those results that direction but it hasn't even slowed even though most Americans are vaxxed. Being vaxxed also does not stop you from spreading it. If the vax worked there would be no need for masks. I have had it twice and the second time was after I was vaxxed and that 2nd time was much worse than the first time before I was vaxxed. Oh...and the only reason I'm vaxxed is Biden's extortion....I mean mandate for certain workers to be vaxxed or lose their job. After my 2nd shot I was sick for 2 months yet still had to go to work as the gov't forced it upon me then left me out to dry when I had side effects.
 
Well the vaccine isn't working and neither are masks. Most of the cases I know of were in vaxxed folks. Yes I know that the more that got the vax will skew those results that direction but it hasn't even slowed even though most Americans are vaxxed. Being vaxxed also does not stop you from spreading it. If the vax worked there would be no need for masks. I have had it twice and the second time was after I was vaxxed and that 2nd time was much worse than the first time before I was vaxxed. Oh...and the only reason I'm vaxxed is Biden's extortion....I mean mandate for certain workers to be vaxxed or lose their job. After my 2nd shot I was sick for 2 months yet still had to go to work as the gov't forced it upon me then left me out to dry when I had side effects.

Just checking, you did detect my sarcasm at the end, right? El Capitan was right about that bug juice crap from the start.
 
Just checking, you did detect my sarcasm at the end, right? El Capitan was right about that bug juice crap from the start.
Sorry...didn't catch that...lol. Been a rough week. Probably shouldn't even be posting messages until my head is right again...lol
 

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