yeah that's a better explanation than mine since it uses the same amounts for both sides.
On Wed, Mar 7, 2012 at 11:24 AM, Larry C. Lyons <larrycly...@gmail.com>wrote: > > 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 <boyz...@gmail.com> 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 <larrycly...@gmail.com> > 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 <ju...@wiredotter.com> wrote: > >>> > >>> On Tue, Mar 6, 2012 at 3:48 PM, Jerry Barnes <critic...@gmail.com> > 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:348186 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
