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This page contains all of the posts and discussion on MemeStreams referencing the following web page: Luxury tax on cars expires in 2003. You can find discussions on MemeStreams as you surf the web, even if you aren't a MemeStreams member, using the Threads Bookmarklet.

Luxury tax on cars expires in 2003
by w1ld at 1:00 pm EST, Dec 6, 2002

] "The long dwindling luxury tax on automobiles will be
] completely phased out on January 1, 2003. Car sellers
] will then no longer have to pay the tax of three percent
] of the amount of the sales price that exceeds $40,000.
] That means that the price of your new car will be reduced
] by the amount the dealer saves in taxes. So if you can
] wait a few months to purchase that new Hummer, it may
] well be worth your while."


 
 
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