[DeTomaso] True?

boyd casey boyd411 at gmail.com
Fri Jun 17 10:33:13 EDT 2011


I stand corrected. Thanks I just signed up for Sema  Action Network , no
cost no charge . I strongly reccomend others do the same.
SEMA Action Network <http://www.semasan.com/san/join.aspx>
On Fri, Jun 17, 2011 at 9:54 AM, Christopher Kimball
<chrisvkimball at msn.com>wrote:

>  There is an organization Thacker could be considered a lobby for us, of
> sorts.  Check out the SEMA Action Network:
>
> http://www.semasan.com/main/main.aspx?ID=/content/SEMASANcom/HomePage
>
> Sincerely,
>
> Chris
> PNW Prez
>
> > Date: Fri, 17 Jun 2011 09:46:24 -0400
> > From: boyd411 at gmail.com
> > To: wkooiman at earthlink.net
> > CC: detomaso at realbig.com; adin at frontier.net
> > Subject: Re: [DeTomaso] True?
>
> >
> > I think it's a terrible idea It may give them ideas. We as car
> aficionados
> > have no organized lobby (that I know of) and would make a perfect target
> for
> > their money grabbing claws. I thought the prank was well written and very
> > believable, that's why it scares me. They say there is at least a grain
> of
> > truth in most jests. This one may contain more then a grain. Many
> > municipalities already impose a personal property tax on cars , boats
> > airplanes etc This is in addition to the sales tax that is collected each
> > time one is sold and registered. How many people actually make money
> after
> > they spend tens of thousands restoring their car and the selling it. Most
> I
> > know of are losers (financially) The Dealers make money on sales but they
> > are already taxed.
> > Boyd
> >
> > On Fri, Jun 17, 2011 at 9:21 AM, Will Kooiman <wkooiman at earthlink.net
> >wrote:
> >
> > > April Fool's joke or not, it's a good message to send to D.C.
> > >
> > > -----Original Message-----
> > > From: detomaso-bounces at realbig.com [mailto:
> detomaso-bounces at realbig.com]
> > > On
> > > Behalf Of David in Durango
> > > Sent: Friday, June 17, 2011 8:01 AM
> > > To: Kirby Schrader
> > > Cc: panteras
> > > Subject: Re: [DeTomaso] True?
> > >
> > > Didn't realize it was part of the April Fool's business. My apologies.
> > > ----- Original Message -----
> > > From: Kirby Schrader
> > > To: David in Durango
> > > Cc: panteras
> > > Sent: Friday, June 17, 2011 6:51 AM
> > > Subject: Re: [DeTomaso] True?
> > >
> > >
> > > That was an April Fool's joke...
> > >
> > > Trouble is, it hit home so hard that Schumer's office was fielding
> calls
> > > for weeks... maybe still is.
> > >
> > >
> > >
> http://wheels.blogs.nytimes.com/2011/04/07/a-fake-tax-rattles-classic-car-bu
> > > ffs/
> > >
> > >
> > > On Fri, Jun 17, 2011 at 07:46, David in Durango <adin at frontier.net>
> > > wrote:
> > >
> > > NPC, but might affect your ownership . . .
> > >
> > > Washington, D.C. - AP. Senator Charles Schumer (D-NY) held a press
> > > conference today in the Capitol's rotunda and stated that he is in the
> > > process of drafting a bill that will create a federal tax on all
> collector,
> > > antique, historic, special interest, hot rods and race cars. "This
> country
> > > is operating at a huge budget deficit," said Senator Schumer, "thanks
> to
> > > the
> > > previous administration's failure to seek new sources of revenue. We
> can no
> > > longer continue to just raise the taxes we already have. We are
> reaching
> > > the
> > > point of diminishing returns. We must find new sources of revenue.
> "There
> > > are more than one million collector cars in this country,"said Schumer,
> > > "and
> > > many of them are unregistered and untaxed. These vehicles represent
> > > sometimes sizeable assets which often appreciate from sale to sale.
> Much of
> > > these capital gains remain untaxed. It's about time these
> collectors-all of
> > > whom are rich-begin to pay their fair share. I've never heard of a poor
> > > person owning a Corvette, Ferrari, Deusenberg or Cobra." Part of the
> > > Schumer
> > > law includes the IRS opening up a special department to deal with
> collector
> > > cars. Values will be calculated annually and owners will be required to
> > > list
> > > all cars they own on their 1040 tax form. Many of these car clubs
> maintain
> > > accurate registries which detail each car by its vehicle identification
> > > number and present or last known owner and their location. Assembling
> an
> > > all-inclusive federal database in conjunction with these registries
> will be
> > > one of the first steps in implementing the new law. Once the database
> of
> > > owners is cross-referenced with an annual index of current collector
> car
> > > values, every collector or race car in the country can be taxed at a
> fair
> > > rate. That's only a conservative estimate," said Schumer. "Nobody knows
> > > exactly how many collector cars are out there. But by this time next
> year,
> > > WE will know. Owners of these cars will finally have to pay up.Their
> free
> > > ride-on the backs of the poor-is over."
> > >
> > >
> > >
> > > __________ Information from ESET Smart Security, version of virus
> > > signature database 6216 (20110617) __________
> > >
> > > The message was checked by ESET Smart Security.
> > >
> > > http://www.eset.com
> > >
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> > >
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