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Class Envy Continues – States Extort from Aircraft Owners

By Steve McGough / May 2, 2008 / Comments Off on Class Envy Continues – States Extort from Aircraft Owners

In the early 1990s, the U.S. Congress enacted a new law that taxed “luxury” items 10 percent. This was a big deal, since automobiles priced more than $30,000, boats more than $100,000, jewelry more than $10,000 and aircraft priced more than $250,000 were all targeted in the effort to enrich the government coffers. So, why…

Frank gleeful about soaking the rich come Jan. 21

By Steve McGough / October 21, 2008 /

Here it comes. Since it is almost a given – for many liberals – that The One will be sworn into office on a cold day in January, the faithful masses of politicians on the left side of the aisle are getting a warm and fuzzy feeling as they prepare to stick to to the…