Posted by:
jscrick
at Mon May 17 08:38:21 2010 [ Email Message ] [ Show All Posts by jscrick ]
I always thought it unfairly impacted the poor. In relative terms, a greater percentage of income will be paid in taxes.
For those that do not earn enough to even consider discretionary purchases versus savings, the poor unfairly pay a higher proportion of income with a sales tax.
I'm for a Flat (income) Tax I think. None or few deductions. No loopholes.
I would like to see all of the following, equitably applied -- A National Sales Tax. Luxury items sales taxed at higher rates. A value added Tax on some items. And a Flat Income Tax, only deductions to be home ownership, veterans, savings.
jsc
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"As hard as I've tried, just can't NOT do this"
John Crickmer
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RE:You should look into the fair tax - jscrick, Mon May 17 08:38:21 2010