OK lets see how bad of a hash I can make of this. A sales tax hits lower income people far more than those who make more, as a percentage of income.
10% of a grocery bill of $100 is less of a hit to someone making $100,000 a year than someone making $20,000. Its still a hit but a much greater hit for the person making $20,000. On Wed, Mar 7, 2012 at 12:49 PM, Scott Stroz <[email protected]> wrote: > > First, let me say, I am not advocating a 'flat tax' . These are > legitimate questions (not trolling). I really don't understand (and > want to) > > How would it 'hit the poor far more than any other group'? > > How would they (the poor) be paying for 'the rich or upper class > indulgences'? If the rich purchase 'indulgences' wouldn't that benefit > everyone - more money spent = more tax revenue, would it not? > > Again...not trying to be a shit stirrer (this time). I really just > don't understand how this would be considered a 'poor tax'. > > On Tue, Mar 6, 2012 at 6:57 PM, Larry C. Lyons <[email protected]> wrote: >> >> the issue of the flat tax (which is what this is in sheep's clothing), it >> that it is retrogressive, it hits the poor far more than any other group. >> Why should they pay for the rich or upper class indulgences? Frankly all >> the proposal I've seen on this could only be classified as a Poor Tax. >> >> On Tuesday, March 6, 2012, Judah McAuley <[email protected]> wrote: >>> >>> On Tue, Mar 6, 2012 at 3:48 PM, Jerry Barnes <[email protected]> wrote: >>>> >>>> "The solution isn't to just raise taxes. It's to also put rules in place >> to >>>> safe-guard and penalize against hiding your money to avoid paying the >>>> taxes." >>>> >>>> Or ditch the monstrosity that is the progressive income tax and move to a >>>> national sales tax. >>> >>> I can certainly get behind reforming the tax code to steamline it and >>> remove most (if not all) of the specialized deductions that keep >>> adding entropy to the system. I certainly can't agree on the wisdom of >>> switching from a progressive income tax to a national sales tax >>> though. A progressive income tax is still, philosophically, the right >>> way to go in my opinion. Obviously its current implementation leaves >>> something to be desired. >>> >>> Judah >>> >>> >> >> > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| 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:348180 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
