[Trog]

British tax-the-rich scheme runs into trouble with nonwealthy ‘rich’ people | Full Comment | National Post

It’s only a matter of time before North America adopts a wealth tax as an additional source of tax revenue. Always popular with the great unwashed…..tax the rich guy, he’s got lots of cash.

So with this eventuality in mind, would you keep your Porsche if it were subject to an annual tax based on its replacement value?