Nothing on Snoops about this:
The New York Times reported this on Monday, March 28, 2011 that Senator Chuck Schumer from New York is in the process of drafting a bill that will create a new federal tax on all collector, antique, historic, special interest and racing vehicles, the establishment of a federal data base on all collector cars and a new IRS department to administer the taxes based on all vehicles being reported by law on 1040 Federal Income Tax Forms. Senator Schumer is quoted as starting this new tax at 10% of the vehicle value (for starters)
I urge you to read the New York Times Story that can be accessed from the link below and write and call your Senators and Senator Chuck Schumer directly and let them know your position on this new tax and the big brother federal data base he wants to establish. The time to raise your objections is now, before this becomes law. Be sure to forward this to all of your friends, industry colleagues and car clubs.
Make sure you're sitting down
Instead of cutting spending lets keep taxing and create some additional depts in the IRS. When is it going to end?