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Article #503Re: National Sales Tax - An Alternative?
From: Mike Hihn
Date: Sun, 10 Dec 1995 00:00
Date: Sun, 10 Dec 1995 00:00
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zik@enoch.cl.msu.edu (Ed Symanzik) 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. You have confused dollars with shares of the tax burden, and made a totally useless comparison. Those wth incomes over $200,000 save 40% of their income, which means 40% percent of their now-taxed income would become untaxed. The difference must be made up by somebody, and the only ones left to do so are the poor and middle-class, who consume MORE than their income. ------------------------------------------------------ Michael J. Hihn,Editor/Publisher, Liberty Issues liberty@prostar.com ======================================================
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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: 104eff,8c62cfd13b101be6 X-Google-Attributes: gid104eff,public X-Google-Thread: 105dfd,8c62cfd13b101be6 X-Google-Attributes: gid105dfd,public X-Google-Thread: 105ecf,8c62cfd13b101be6 X-Google-Attributes: gid105ecf,public X-Google-Thread: fa7f5,8c62cfd13b101be6 X-Google-Attributes: gidfa7f5,public X-Google-Thread: ffe14,8c62cfd13b101be6 X-Google-Attributes: gidffe14,public X-Google-Thread: 10dda6,8c62cfd13b101be6 X-Google-Attributes: gid10dda6,public X-Google-Thread: 104158,8c62cfd13b101be6 X-Google-Attributes: gid104158,public X-Google-Thread: 10d662,fe496bb546a1da4c X-Google-Attributes: gid10d662,public From: Michael.Hihn@prostar.com (Mike Hihn) Subject: Re: National Sales Tax - An Alternative? Date: 1995/12/10 Message-ID: <ca7cb$b1721.b3@news.sisna.com> X-Deja-AN: 121454629 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: Liberty Issues (newsletter) reply-to: liberty@prostar.com 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