Joel S. Newman
Wake Forest University - School of Law
Tax Notes, Vol. 55, No. 2, 1992
The political story of the enactment and subsequent repeal of federal luxury taxes on high-end automobiles, boats, airplanes, furs and jewelry. Such luxury taxes are inappropriate. The same goals are better achieved by levying higher taxes on higher incomes across the board.
Number of Pages in PDF File: 25
Keywords: taxation, luxury, excise
JEL Classification: H22, H24
Date posted: January 30, 2008