Tax and inflation
I didn't know whether to laugh or cry while doing my income taxes the other day. In Texas, you're allowed to write off state sales tax on your federal income tax, if the total tax reaches a certain level. Hence, I dug out my paperwork from the '09 Challenger and found I'd paid almost $1,300 in sales tax. In 1974, I paid just $300 more -- a flat $1,600 (t, t and l included) -- for my entire '70 Challenger. To make matters worse, even having paid the sales tax on the '09 wasn't enough to reduce my '08 income taxes any.