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Article #500Re: National Sales Tax - An Alternative?
From: Edward N. Kurmudgeon
Date: Sun, 10 Dec 1995 00:00
Date: Sun, 10 Dec 1995 00:00
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Ed Symanzik (zik@enoch.cl.msu.edu) wrote: : Consumption taxes are more socially fair than income taxes. The wealthy : spend more and buy more expensive items than others. Anyone buying a : $1 million yatch would pay $180,000 in sales tax. However, anyone investing : $1 million to start a new business (and pay workers) would pay no sales tax. Really? Sam Walton used to drive a red chevy pick-up. (He doesn't drive anything now) Warren Buffet still lives in the house he bought some 9 billion dollars ago. Bill Gates often go out to pizza or hamburger and pay the same price as you or I. I suppose it isn't unfair that the difference between the taxes they pay and the taxes I pay under a consumption tax approach is not even proportional, on a logarithmic scale, to our relative wealths?
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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: 105dfd,8c62cfd13b101be6 X-Google-Attributes: gid105dfd,public X-Google-Thread: 10d662,fe496bb546a1da4c X-Google-Attributes: gid10d662,public X-Google-Thread: 104eff,8c62cfd13b101be6 X-Google-Attributes: gid104eff,public X-Google-Thread: ffe14,8c62cfd13b101be6 X-Google-Attributes: gidffe14,public X-Google-Thread: 105ecf,8c62cfd13b101be6 X-Google-Attributes: gid105ecf,public X-Google-Thread: 104158,8c62cfd13b101be6 X-Google-Attributes: gid104158,public X-Google-Thread: fa7f5,8c62cfd13b101be6 X-Google-Attributes: gidfa7f5,public X-Google-Thread: 10dda6,8c62cfd13b101be6 X-Google-Attributes: gid10dda6,public From: edwardk@aimnet.com (Edward N. Kurmudgeon) Subject: Re: National Sales Tax - An Alternative? Date: 1995/12/10 Message-ID: <4ae7th$a1j@aimnet.aimnet.com> X-Deja-AN: 121454622 references: <490s4o$eku@nexus.coast.net> <499sg8$elm@villa.fc.net> <DMEYERS.95Nov30130038@panix.panix.com> <49n3ul$1urh@msunews.cl.msu.edu> <49n6pq$1tv@newsstand.cit.cornell.edu> <49r10b$g41@aimnet.aimnet.com> <4a0e7l$4n7@cc.iu.net> <4a4o8m$3hf@aimnet.aimnet.com> <4ab403$i3a@sundog.tiac.net> <4acb10$n3f@s3.iway.fr> <4ad0th$19r5@msunews.cl.msu.edu> organization: Aimnet Information Services newsgroups: mi.misc,alt.politics.usa.misc,alt.activism,talk.politics.misc,ca.politics,dc.politics,ne.politics,nj.politics,pa.politics,triangle.politics,misc.taxes,ny.politics