"A regressive tax system does not mean and likely would not result in low income earners paying more taxes than the wealthy, only that the effective tax rate relative to income or consumption would be a larger tax burden to low income earners."
Given the definition on the Wikipedia page, the effect of which is summed up by the above quote, a regressive tax is extremely appealing to me. It means that the more I make, the less tax affects me. That's hellabetter than being taxed more (in terms of %) just because I'm more successful than I was the year before. Gives me even more motivation to better my income. On Feb 8, 2008 7:13 PM, Dana wrote: > Here is a primer that may help: > > http://en.wikipedia.org/wiki/Regressive_Taxes > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;160198600;22374440;w Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:253798 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
