Bosun.J, I understand your point, however, when consumption is taxed, taxes become more of a personal choice. The "poor" only pay a higher percentage of their income when they are attempting to purchase beyond their means...$30,000 pickup trucks, another flat screen TV, etc.
I would add that the national sales tax should not tax food, and while we are at it don't tax trips to the consignment store for clothing....reward frugality.
I wouldn't call that a "Really Bad Idea" any more than our current system or the myriad of other complicated solutions.
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Bosun.J, I understand your point, however, when consumption is taxed, taxes become more of a personal choice. The "poor" only pay a higher percentage of their income when they are attempting to purchase beyond their means...$30,000 pickup trucks, another flat screen TV, etc.
Dec 29 12:20 pm
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All Comments by Bengunnscave »The 'Great Slump' of 2008 (Part 1) [View article]
I would add that the national sales tax should not tax food, and while we are at it don't tax trips to the consignment store for clothing....reward frugality.
I wouldn't call that a "Really Bad Idea" any more than our current system or the myriad of other complicated solutions.