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Oprah says
Message
From
23/02/2008 23:02:57
Dragan Nedeljkovich (Online)
Now officially retired
Zrenjanin, Serbia
 
 
To
23/02/2008 18:15:00
General information
Forum:
Politics
Category:
Other
Title:
Miscellaneous
Thread ID:
01294522
Message ID:
01295806
Views:
15
>Dragan is why I believe in the fair tax. :o)

I had to look that one up.

With the rebates, well, maybe - but only if they are automatically adjusted for inflation, or it will be a tax on the poor in a very few years.

The trouble with the sales tax is that the less disposable income one has, the more of it goes to sustenance. So those who can put 50% of their income on the side would pay nothing on that until they actually use it, if ever. If they invest that instead, they'd only make more money which may never be taxed.

OTOH, if the rebate patch on this is not adjusted for inflation, it will become meaningless soon, and the most poor will pay the largest percentage of their income.

back to same old

the first online autobiography, unfinished by design
What, me reckless? I'm full of recks!
Balkans, eh? Count them.
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