Seeking Alpha

Bengunnscave » Comments » Single Comment |

  • The 'Great Slump' of 2008 (Part 1) [View article]
    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.
    Dec 29 12:20 pm |Rating: 0 0
All Comments by Bengunnscave »
Comments by Ticker
Bengunnscave's
Comments Stats
8 comments
Rating: 2 (3 - 1 is )