Ferrari Mailing List: Re: Are Ferraris Losing Their Good Looks?

[jashburne (jashburne]

Just a comment wrt the gas guzzler tax not deterring purchases so why not take 
it?

Curious that the attitude is that financial success should be penalized more 
and more since the government has determined that they have "enough" and should 
give the excess to the government.

I'm all for voluntary contributions of more taxes but I notice that Mr. Buffet 
elects not to do that.   I wonder why?  Could it be that he feels that he can 
do a better job with charitable giving than the government?

Wow, what a concept! 
Sent from my Verizon Wireless BlackBerry

-----Original Message-----
From: Michael James <cavallino_rapante [at] yahoo.com>

Date: Wed, 12 Nov 2008 08:05:26 
To: <jashburne [at] aol.com>
Cc: The FerrariList<ferrari [at] ferrarilist.com>
Subject: Re: [Ferrari] Are Ferraris Losing Their Good Looks?


When you're ready to compare the GAINS attained by that top 5% in the 
past�several years in relation to�their tax burden, you would note that the top 
5% still increased their profits/wealth overall - they have not lost money 
because of Uncle Sam.� Nor will they lose money with a 0.6% increase - gains 
made by that top 5% far surpass their US tax burden, as many in this tax 
bracket have taken their business ventures global.� Ask Kirk Kerkorian or 
Warren Buffet if�they're�worried about the IRS....these folks make/lose huge 
sums money through other activities completely unrelated to their tax bill.
�
Are you suggesting we suspend Democracy in order to protect the top 5% 
financial earners?� Certainly 'the Rich' are capable of making their case to 
politicians and the voting electorate regarding their plight in today's 
economic situation.� Those folks are smarter than your and I on so many levels 
when it comes to finances, many of them voted in-support of the upcoming 
administration.� I'm sure they had their reasons - reasons you may not be privy 
to.
�
BTW, what does any of this have anything to do with Ferrari designing by 
Windtunnel instead of imagination???� Just curious....
�
�

--- On Wed, 11/12/08, jashburne [at] aol.com <jashburne [at] aol.com> wrote:

From: jashburne [at] aol.com <jashburne [at] aol.com>
Subject: Re: [Ferrari] Are Ferraris Losing Their Good Looks?
To: "Michael" <Cavallino_Rapante [at] yahoo.com>
Cc: "The FerrariList" <ferrari [at] ferrarilist.com>
Date: Wednesday, November 12, 2008, 10:35 AM

This is the problem with a "soak the rich" philosophy.  Already we
have accepted a very progressive tax structure in which the top 5 percent of
earners pay half or more of total tax revenues and the bottom 45 pct pay no
income taxes at all.

When the president elect says that increasing the top tax rate from 36 pct to
39.6 pct is only "chump change" to a million dollar earner when it is
really a tax increase of $36,000 a year, this country is in big trouble.

This is dangerous because politicians don't care about losing 5 pct of the
vote when they can promise tax cuts or checks to the other 95 pct.

There is a limit to how far the government can force fewer and fewer people to
carry more and more of the tax burden and we may be approaching it.  If we are
careful the most productive sectors will leave and this economy will spiral
downward. 

Rant off

John
------Original Message------
From: Matt Boyd
Sender: 
To: jashburne [at] aol.com
Cc: The FerrariList
Sent: Nov 12, 2008 8:47 AM
Subject: Re: [Ferrari] Are Ferraris Losing Their Good Looks?

Right!  They're rich enough, so we should just extract the $$ from
them.  If they can afford a gold stripe, they certainly should pay
some money to the government!

:-?

-matt
'85 euro 308....with no gas guzzler fine...

On Wed, Nov 12, 2008 at 4:23 PM, Michael James
<cavallino_rapante [at] yahoo.com> wrote:
> LOL, you're funny Larry.
>
> NEVER have I heard someone wanting to buy a new Ferrari walk into a
dealership and go:  "Damn, I could 'just' afford a new 430, but I
can't afford the car with that Gas Guzzler tax added on!  My dreams are
over, I'm going to have to go buy a Buick now.....Damn those Washington
Socialists, boo-hoo.....sniff..."
>
> Please - buyers are spending several thousand$$$ extra to have those gold
stripes painted on their Scuderia's hood to match the color of the rims and
have the seat-stitching threads contrast the seat leather.  Do you think any of
these 'extras' make the car go faster?  These folks don't care about
the money, good for them.  Care to guess that the California won't sell
well, even in this economy?
_________________________________________________________________
To unsubscribe or modify your subscription options, please visit:
http://lists.ferrarilist.com/mailman/options/ferrari/jashburne%40aol.com

Sponsored by BooyahMedia.com 
and F1 Headlines
http://www.F1Headlines.com/


Sent from my Verizon Wireless BlackBerry
_________________________________________________________________
To unsubscribe or modify your subscription options, please visit:
http://lists.ferrarilist.com/mailman/options/ferrari/cavallino_rapante%40yahoo.com

Sponsored by BooyahMedia.com 
and F1 Headlines
http://www.F1Headlines.com/