On Oct 27, 2005, at 3:47, Jean Nathan wrote:
Number 3 - Why does a slight tax increase cost you two hundred dollars
and a
substantial tax cut saves you thirty cents?
Based on my observation in the last couple of years...
Because a "slight tax increase" - such as happened in Virginia ca 15
months ago, 0.5% - applies to you every time you go shopping for
anything other than food (ie "luxuries") Ie, it applies to everyone,
and in that you are a participating partner.
OTOH, a "substantial tax cut" applies to you only if your
savings/investments are of such proportions, that you probably have
someone else shopping for your food, and "update" your private jet
every second year. Ie, it doesn't apply to you, or me, or anyone in the
lower income margin (90-95% of the population).
--
Tamara P Duvall http://t-n-lace.net/
Lexington, Virginia, USA (Formerly of Warsaw, Poland)
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