I'll read it. No guarantee on when. I find progressive on income, regressive on sales kind of confusing too, if what I was describing before is wrong.
On Fri, Jul 8, 2011 at 11:56 AM, Judah McAuley <[email protected]> wrote: > > I look forward to reading all of that, Cam, thanks. But I read the > first 4 pages and looked at Table 0 and I'm not really sold on their > explanation that Total Expenditures is a better measure than Total > Income. They have Total Income declining for the bottom 50% and > raising significantly for the top 10% while Expenditures raise sharply > for the bottom 50% and either stay flat or decline a bit for the top > 50%. > > If people are making less and spending more, that would seem to imply > a negative savings rate, no? And that is not a recipe for long term > wealth accumulation. So how does this end up being progressive? I'm > really stumped by their attempt at an explanation. > > Judah > > On Fri, Jul 8, 2011 at 11:38 AM, Cameron Childress <[email protected]> > wrote: > > > > On Fri, Jul 8, 2011 at 2:10 PM, Dana <[email protected]> wrote: > > > >> Well, you know more about the proposal than I do, but I was sure I saw > that > >> somewhere. But ok. If it's entirely retailer-side you've got a > regressive > >> tax, is what you've got, right? > >> > > > > Which I think was where we left off last time too... It would remain to > be > > seen what really happens once it's enacted, but this study indicates that > it > > would be more progressive than current tax system. > > > > > http://www.beaconhill.org/FairTax2007/DistributionalAnalysisFairTaxBHI4-25-07.pdf > > > > You can skip to the table on page four if you don't feel like reading the > > entire paper. It shows the rich paying more taxes and buying less stuff > and > > the poor paying less taxes and buying more stuff. > > > > -Cameron > > > > -- > > Cameron Childress > > -- > > p: 678.637.5072 > > im: cameroncf > > facebook <http://www.facebook.com/cameroncf> | > > twitter<http://twitter.com/cameronc> > > > > > > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:340120 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
