Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Phantom Lord

yes it does make sense- in your scnario sales taxes go up, but prices go down so it evens out.

but you dont mention the paycheck in that scenario. if you suddenly have no taxes taken out you have a huge take home pay increase.

so the price of goods goes down, but then sales tax is added to make up the difference- but sales tax will have to go up a HUGE amount to make up for the giant increase in take-home pay AND the lower cost of the goods.


214 posted on 02/11/2005 1:37:03 PM PST by Mr. K (this space for rent)
[ Post Reply | Private Reply | To 213 | View Replies ]


To: Mr. K

Explain to me why if take home pay goes up that sales taxes MUST go up "a huge amount" to make up for the "giant increase in take home pay."


215 posted on 02/11/2005 1:38:35 PM PST by Phantom Lord (Advantages are taken, not handed out)
[ Post Reply | Private Reply | To 214 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson