Good reasons not to buy a flash car

[Mich the Tester]

Come on then, own up;


Italian ski resort lays bare tax evasion - Telegraph

officials traced the owners of 133 Lamborghinis, Ferraris, SUVs and other top-end cars that they found parked in the snow-lined streets of Cortina d'Ampezzo, ...
They found that 42 of the owners – nearly a third – had declared incomes of less than 22,000 euros (£18,000) a year. A further 16 claimed to be earning less than 50,000 euros a year.

Ummm, what was I saying yesterday about Dutch taxes being OK if you master the art of profit minimalisation?

[gingerjedi]

You have to work to be rich shirley?

[Mich the Tester]

You have to work to be rich shirley?

No, you have to own stuff. Like land, art, houses, businesses etc. Lots of old money in Italy.

[BrilloPad]

Other reasons are you have to drive more carefully to avoid gettting your car scratched. People are less likely to give way. And your house can become a target for robbery.

[vetran]

Maybe they should have tried that at Dale farm?

[Old Greg]

On the up-side, you can always park it in your flash drive.

Get in there!

[cojak]

On the up-side, you can always park it in your flash drive.

Get in there!

You're on a role today, aren't you OG?

[AtW]

And your house can become a target for robbery.

Park at the neighbours then?

[Old Greg]

You're on a role today, aren't you OG?

If I was on a role I'd have no time to be on a roll.

[doodab]

What this means in practice is that real tax rates for the very rich are lower than they appear. And yet Italy's economy is still ****ed, allegedly. Which rather gives the lie to the theory that cutting taxes for the rich boosts the real economy.

Or does it?