Dubyaville

yep bb I started all this negative crap. the credit crash, the war, the dropping dollar, offshoring of jobs.

Ohh you mean talking about the negative crap, go read my poem dude.
I wrote it in like 10 min this morning. and it shows ;)
 
Whatever...............

uscitizen said:
yep bb I started all this negative crap. the credit crash, the war, the dropping dollar, offshoring of jobs.

Ohh you mean talking about the negative crap, go read my poem dude.
I wrote it in like 10 min this morning. and it shows ;)
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:rolleyes: only you and a couple of others in here believe your crap anyhoo!
 
Desh said:
People with money can make money in any market.

I bet yacht sales would not be affected in the least by more taxes.
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In the state or area that taxes them, hell yeah it impacts them. There was a like a 77% drop in yacht sales after Kennedy and Co passed the luxury taxes in the 90s. Massachusetts and Maine were particularly hit hard.

http://findarticles.com/p/articles/mi_m1282/is_n21_v46/ai_15930012/pg_2

The solution? Luxury taxes. Few voters in Massachusetts, where economics is not widely understood, realized that ludicrously high taxes on fancy cars, boats, yachts, furs, gems, and the like harm the rich less than the much larger cohort of people who build yachts, service fancy cars, sell snazzy furs, and polish pretty gemstones. Like most of his constituents, Kennedy found the economic case against luxury taxes far less persuasive than the emotional reaction in favor of them. But events are a great teacher. The tax caused the shutdown of yacht-building yards and a sharp increase in unemployment among their workers. Congress repealed the luxury tax (except for the levy on fancy cars), with Kennedy voting in favor.
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RStringfield said:
In the state or area that taxes them, hell yeah it impacts them. There was a like a 77% drop in yacht sales after Kennedy and Co passed the luxury taxes in the 90s. Massachusetts and Maine were particularly hit hard.
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There was a like a 77% drop in yacht sales after Kennedy and Co passed the luxury taxes in the 90s


ZOMG!!??!!!! That's horrible!!

Whatever will Thurston Howell the Third do, with only two yachts instead of three??!
 
Cypress said:
There was a like a 77% drop in yacht sales after Kennedy and Co passed the luxury taxes in the 90s


ZOMG!!??!!!! That's horrible!!

Whatever will Thurston Howell the Third do, with only two yachts instead of three??!
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Glad to see you care so much about the workers who build those yachts that went unemployed due to the huge drop off.

Yet another example of your ignorance.
 
Cypress said:
There was a like a 77% drop in yacht sales after Kennedy and Co passed the luxury taxes in the 90s


ZOMG!!??!!!! That's horrible!!

Whatever will Thurston Howell the Third do, with only two yachts instead of three??!
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What a dumb fuck?!

Can he not read? RS just posted about 200 employees whose job security relied on that one extra yacht sale.
 
Epicurus said:
What a dumb fuck?!

Can he not read? RS just posted about 200 employees whose job security relied on that one extra yacht sale.
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Gumby has the worst reading comprehension skills of anyone on this site. All he saw was someone saying that a tax on the rich was bad and he went into his childish theatrics. He could care less that the tax puts people out of work.... all he cares about is taxing the rich more. Consequences be damned.
 
Cypress said:
There was a like a 77% drop in yacht sales after Kennedy and Co passed the luxury taxes in the 90s


ZOMG!!??!!!! That's horrible!!

Whatever will Thurston Howell the Third do, with only two yachts instead of three??!
Click to expand...

Something that is not likely to employ as many people. You are an idiot.
 
It's a National Review Editorial. The day you guys start accepting, unchallenged, statistics from an opinion piece on Daily Kos, is the day I will accept, unchallenged, statistics some rightwing hack in NR publishes.
 
Cypress said:
It's a National Review Editorial. The day you guys start accepting, unchallenged, statistics from an opinion piece on Daily Kos, is the day I will accept, unchallenged, statistics some rightwing hack in NR publishes.
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Question the 77% all you want... I also would like to see where that data stat comes from... however you are a complete moron if you think that a reduction in yacht sales won't also result in loss of jobs.

you are just embarrassed that you were called out on yet another idiotic comment that you have made.
 
Cypress said:
What a depressing juxtaposition this is: a BBC report about "Dubyaville", a shantytown in Los Angeles full of people who lost their homes in the mortgage meltdown.

Here we are, supposedly the richest and most powerful country in the world, and the British media is reporting on us like we're some broken-down wreck of a third world country.

http://www.youtube.com/watch?v=CnnOOo6tRs8


Meanwhile, at the same time, all the Republicans in the California state assembly are working to keep yacht and private jet sales tax loopholes in place.

This is why the Republican brand is like tainted dog food: With the economy nosediving and a massive deficit, their response is to protect tax breaks on yachts and jets rather than help the people who can't even afford a roof. (Any minute now, Bar Bush will be along to tell us how not having to worry about all that troublesome yardwork is actually working out quite well for them.)




Dubyaville
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Cypress, have you ever been to downtown L.A. before? I'm surmising not because if you have this would not be a surprise to you.

And interesting how these people could afford to buy a house yet can't rent? How does that work?
 
"It was the most disillusioning period in my 34 years of work. I still believe in America, all right. I've got a real problem with that 15 acres of what we call Washington that's surrounded by reality, though. "

Good quote...
 
I don't believe the 77% stat was in the NR article. That was a quote from the Washington Post but I can't find the original. This was nearly 20 years ago, pre-internet boom. But why do you think Kennedy and other lefties changed course on it?
 
I worked for the boat builder after the tax was repealed. I was well familiar with it, though, because the "old timers" talked about it like it was the holocaust or something.
 
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