True as a matter of fact. I fall into this category. Certainly don't need one but I have one, three actually. It's a luxury. Do I expect a tax break for my car? Hell no. That kind of thinking might help the obesity epidemic though.

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TC
Current stable:
- 2004 Mazda RALLYWANKEL
- 2007 Saturn sky redline
- 2004 Explorer...under surgery.

Past: 135i, GTI, 300E, 300SD, 300SD, Stealth

If what I've been reading in the papers about Gulfstream (Savannah, Ga) is true they don't seem to be suffering from Pres O's babblings.

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Jim

Yep, the reason the luxury boat industry is death is because no bank will finance that hobby. My sisters father in law, owner of Eliminator boats, went from 40+ employees in 2008 to a handfull now. Even used boats are almost impossible to finance.

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1979 Black on Black, 300CD (sold), 1990 Black 300SE, Silver 1989 Volvo 780, 1988 300CE (vanished by the hands of a girlfriend), 1992 300CE (Rescue).

When all "industries" and their consumers pay the actual cost of their production and consumption, then there may be reason to argue that government should but out. Depreciation for the purposes of taxes are artificial constructs by lawmakers. Why can't all consumers depreciate their hardware, hard goods and equipment?

This is a topic in an industry that is personal with me...which has helped cement my opinion of Obama. I had a hell of a job in Utah in the aerospace industry, working for an industry leader small turbofan manufacturer that ended up laying off over 500 of it's employees in the first year of Obama's reign. As soon as he came out against business jets, we lost 75% or our business...another 15% was lost to losing a DoD contract bid because of politics, not because of proper business. Obama damned near killed an industry, and single handedly destroyed a number of smaller businesses that were suppliers to the industry.

The fact that his beloved union is drawing a line in the sand, so to speak, about his actions, speaks volumes about Obama's actions.

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1987 560SL
85,000 miles

^And he did that in one years time...and all single handed, wow and the economy had nothing to do with it or that banks stopt giving loans?

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1979 Black on Black, 300CD (sold), 1990 Black 300SE, Silver 1989 Volvo 780, 1988 300CE (vanished by the hands of a girlfriend), 1992 300CE (Rescue).

I had a flat tire yesterday. Obama was President at the time. Just do the math...

we already have what you describe- which is the government's attempt to make things better by taking money from one person and giving it to another. Child tax credit, government phones to poor, tax depreciation on hard goods for companies; the list is ever growing- as is the government.

The real question here is why is what wealthy people spend when it creates a industry not called trickle down? Poor people are not buying small planes for business- so the small airplanes industry is built primarily by those with money. The money spent by those with lots of it has trickled down to those who do not have it. The left loves to debunk the "trickle down" economic theory- what is this called if not trickle down?

No one here has said why this is not "trickle down."

The automotive industry is not trickle down- you do not need to be wealthy to buy a car. Food is not trickle down. High end yachts IS trickle down.
Folks- who has the answer here?

I do!

Take what the rich have and give it to the poor. And pay off the deficit and national debt.

Take all of the left-over money and put it into funding 3rd world childhood medicines.

That should lop-off the wealth of the top 60% taxpayers. And make them equal to the bottom 40% who don't pay income taxes.

Where have I heard that one before, from the communist manifesto?

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2001 SLK 320 six speed manual
2014 Porsche Cayenne six speed manual

Annoy a Liberal, Read the Constitution

Oustanding post MTU!

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2001 SLK 320 six speed manual
2014 Porsche Cayenne six speed manual

Annoy a Liberal, Read the Constitution

Yes, he did. Orders were coming in and the future was bright for the company prior to Obama coming into power.

Remember the comments Obama made about Las Vegas, and how things came to a screeching halt there as well?

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1987 560SL
85,000 miles

His attitude is nothing more than "it's all in a days work." He's quite successful at what he is trying to do. Once he has crashed it, he gets to build it back out of the ashes in his own image.

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2001 SLK 320 six speed manual
2014 Porsche Cayenne six speed manual

Annoy a Liberal, Read the Constitution

Obama came out against private jets and that killed 75% of your business? Sounds more like your customers than Obama. Supply and demand.

__________________
TC
Current stable:
- 2004 Mazda RALLYWANKEL
- 2007 Saturn sky redline
- 2004 Explorer...under surgery.

Past: 135i, GTI, 300E, 300SD, 300SD, Stealth

Obama cuts demand and we have oversupply.

A&R should go on unemployment food stamps so the 1%'s can subsidize him.