Rigby5
Diamond Member
- Apr 23, 2017
- 31,996
- 10,784
Sounds tricky. What’s your point?$3000 ; $10,945 ; 5673While the rich guy would just buy another car with it. And that car would most likely be an import, like a Mercedes, or a BMW, and Audi, a Jaguar, Lexus etc.
The rich guy spent his money? Bastard!!
How much sales tax did he pay on that car?
How much money did the car dealership earn?
How many jobs did his purchase support?
A wealthy person can fly to Europe, buy a car there for far less, put 1000 miles on it so it is labeled as used, and then bring it back to the US without paying any taxes or US dealership charges.
The point is that the poor don't have the tricky options of avoiding helping to boost the US economy like the wealthy do.
I am not saying the wealthy always do avoid helping the US economy, but they can and often do.
Such as Apple moving all its production to China or a wealthy investor buying stock in Foxconn.