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![]() wrote in message Newsflash: The luxury tax, implemented by Republican Conservative George Bush, was repealed in 1993 by Democratic Moderate, Bill Clinton. Fact: G.H.W.Bush was opposed to the luxury tax, but signed the bill as a compromise measure in order to obtain congressional approval for other of his initiatives, not to mention some provisions of his own in that same bill. Fact: The luxury tax was a democrat initiative to penalize the rich. All it accomplished was the demise of many businesses that employed thousands of blue-collar workers. The old unintended result reared its ugly head, and Clinton signed the repeal as any rational president would have done. Max |