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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)
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To: Phantom Lord

you said prices would go down for goods because no taxes would be added. (before the sales tax)

paychecks would also go up (no taxes removed)

there would have to be some way to equal this out- like a HUGE sales tax or else runaway inflation would immediately occur.


216 posted on 02/11/2005 1:40:19 PM PST by Mr. K (this space for rent)
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