Re: Luxury tax dropping!?

[todd candey <tcandey@wwa.com>]

Psycho Bob wrote:
> 
> I didn't know that until recently! It seems like the U.S. government is
> finally dropping the infamous 10% luxury tax -- well, slowly. 1% a year...
> 'till '2003.
> 
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Actually, from a co-worker who just bought a 96 993 twin turbo,
the lux tax is 9% on anything over 34k, and drops by a couple of percent 
each year and the the dollar figure where the taxing starts goes up each 
year. Also, the lux tax ends in 2000.
-- 



Todd Candey                         The Composite Garage
271A Greenboro Ct.                       81 4k 5+5    
Elk Grove Village, IL                        85 4ksq
60007               USA                          89 90q