The proposed luxury tax has been delayed, netizens are confused as to why as it was announced the delay was in lieu to not burden the people. The tax was meant to apply to certain types of cars, watches and jewelry.
Luxury tax delayed, netizens confused with reasoning
Netizens feel if the reason was different, it would’ve received a better reception. However, an X user sarcastically states that it was delayed in lieu of a B40 individual wanting to buy a diamond ring, and this may help them further.
Others were upset as cheaper items receive taxes or price increase in lieu of inflation, but luxury items are not receiving the tax that are meant to be applied to them.
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