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re: National Sales Tax - why not?
Posted on 12/3/16 at 12:55 pm to tigerpawl
Posted on 12/3/16 at 12:55 pm to tigerpawl
Easy answer is because it's not a progressive tax. The poor spend a higher percent of their earnings on just day to day living so they're in effect taxed at a higher rate. The rich pay a larger actual dollar amount, but a smaller percent.
3
Posted on 12/3/16 at 12:58 pm to DavidTheGnome
quote:
Easy answer is because it's not a progressive tax. The poor spend a higher percent of their earnings on just day to day living so they're in effect taxed at a higher rate. The rich pay a larger actual dollar amount, but a smaller percent.
The Fair Tax addresses this issue. The poor don't pay any tax, whatsoever.
Posted on 12/3/16 at 1:04 pm to DavidTheGnome
quote:
Easy answer is because it's not a progressive tax. The poor spend a higher percent of their earnings on just day to day living so they're in effect taxed at a higher rate. The rich pay a larger actual dollar amount, but a smaller percent.
It doesn't allow redistribution of wealth at the point of a gun.
Sales tax involves choice. You can choose to not participate by Not engaging in the activity.
Income tax is theft. The Government steals it from you under the guise of "public good" but it is actually for the good of those who want what is yours and they get the Government to steal it from you for them.
Posted on 12/3/16 at 1:19 pm to DavidTheGnome
quote:Not so. The presumption here is that rates would not be adjusted upwards for stuff that only the rich can afford. As mentioned, the new rates would be applied accordingly and be subject to certain algorithms.
Easy answer is because it's not a progressive tax.
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