[comp.sys.amiga] new tax on electronics?

ragg0270@uxa.cso.uiuc.edu (09/21/90)

I noticed in the paper yesterday an article that said congress and the 
administration had agreed on a few items regarding the budget mess and
new taxes. One was to bring back the "luxury" tax. Among other things,
it would place a 10% tax on purchases of electronic items over $1,000.
It didn't explicitly say, but I assume computer equipment is considered
an electronic item. So if you bought, say, a $4000 A3000, you would pay
a 10% additional tax on the $3,000 over the $1,000 limit, for a total of
an extra $300. 
Something to think about if you're planning the timing of a big electronics
purchase.

Richard