Taxing (and Antiquing) Them Off the Road

Guest Post by Eric Peters

 

For planned obsolescence to work, you’ve got to keep the conveyor belt rolling. And most of all, prevent anyone from getting off.

It is a problem if people “cling” to their old cars instead of regularly trading them in – ideally, to be crushed – for new ones – hopefully, heavily financed.

But how to get rid of the old cars when people decline to get rid of them voluntarily?

Democratic politicians in Oregon have just the thing.

It is House Bill 2877 and – if it becomes law – it will impose heavy taxes on cars 20 years old or more to the tune of $1,000 payable every five years, in perpetuity – unless the owner obtains Antique Vehicle registration and tags for the vehicle.

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