[blahblahblah]

Sales tax is not regressive. The tax does not decrease as the amount subject to tax increases.

FAIL. Sales tax is regressive because as the ratio of income to purchases increases, the proportion taxed decreases. Think of it this way, a person making $200K/year uses the same amount of laundry detergent as a person making $50K/year, yet the person making $50K will pay a higher percentage of their income in tax purchasing that item.

Here’s some good info from wikipedia about regressive taxation.

[blahblahblah]

Sales tax is not regressive. The tax does not decrease as the amount subject to tax increases.

FAIL. Sales tax is regressive because as the ratio of income to purchases increases, the proportion taxed decreases. Think of it this way, a person making $200K/year uses the same amount of laundry detergent as a person making $50K/year, yet the person making $50K will pay a higher percentage of their income in tax purchasing that item.

Here’s some good info from wikipedia about regressive taxation.

[blahblahblah]

I support a VAT to replace the sales taxes so that the consumption tax is spread out more evenly in the different stages of production.

Soooo naive. Sales taxes are for the state, this is a national VAT. So you will pay state sales tax + national VAT. Do you think the states will give up their sales tax revenue? No freaking way, our state is already on the brink.

It’s coming, we will have VAT soon plus the financial transaction tax.

[blahblahblah]

I support a VAT to replace the sales taxes so that the consumption tax is spread out more evenly in the different stages of production.

Soooo naive. Sales taxes are for the state, this is a national VAT. So you will pay state sales tax + national VAT. Do you think the states will give up their sales tax revenue? No freaking way, our state is already on the brink.

It’s coming, we will have VAT soon plus the financial transaction tax.

[blahblahblah]

I support a VAT to replace the sales taxes so that the consumption tax is spread out more evenly in the different stages of production.

Soooo naive. Sales taxes are for the state, this is a national VAT. So you will pay state sales tax + national VAT. Do you think the states will give up their sales tax revenue? No freaking way, our state is already on the brink.

It’s coming, we will have VAT soon plus the financial transaction tax.

[blahblahblah]

I support a VAT to replace the sales taxes so that the consumption tax is spread out more evenly in the different stages of production.

Soooo naive. Sales taxes are for the state, this is a national VAT. So you will pay state sales tax + national VAT. Do you think the states will give up their sales tax revenue? No freaking way, our state is already on the brink.

It’s coming, we will have VAT soon plus the financial transaction tax.

[blahblahblah]

I support a VAT to replace the sales taxes so that the consumption tax is spread out more evenly in the different stages of production.

Soooo naive. Sales taxes are for the state, this is a national VAT. So you will pay state sales tax + national VAT. Do you think the states will give up their sales tax revenue? No freaking way, our state is already on the brink.

It’s coming, we will have VAT soon plus the financial transaction tax.

[blahblahblah]

I recommend we all pee ourselves and continue watching television for instructions on what to be afraid of next.

[blahblahblah]

I recommend we all pee ourselves and continue watching television for instructions on what to be afraid of next.

[blahblahblah]

I recommend we all pee ourselves and continue watching television for instructions on what to be afraid of next.

[blahblahblah]

I recommend we all pee ourselves and continue watching television for instructions on what to be afraid of next.

[blahblahblah]

I recommend we all pee ourselves and continue watching television for instructions on what to be afraid of next.

[blahblahblah]

This works out great for the banks, they can just not inspect the bills that they give out but inspect the ones that they take in. Then they pass the losses on to their customers! It’s a win-win for them, unfortunately it’s a lose-lose for us 🙁

[blahblahblah]

This works out great for the banks, they can just not inspect the bills that they give out but inspect the ones that they take in. Then they pass the losses on to their customers! It’s a win-win for them, unfortunately it’s a lose-lose for us 🙁

[blahblahblah]

This works out great for the banks, they can just not inspect the bills that they give out but inspect the ones that they take in. Then they pass the losses on to their customers! It’s a win-win for them, unfortunately it’s a lose-lose for us 🙁

[Author]

Posts