Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: avacado
In your example, if those cars cost $20,000 for each person and the Fair Tax was 15%, then the rich guy paid 1.2% of his gross income in taxes on that car while the poor guy paid 12% of his gross income in taxes on that car.

What's the big deal? This is exactly how every state with a sales tax works, isn't it?

102 posted on 05/10/2006 7:48:36 AM PDT by Alberta's Child (Can money pay for all the days I lived awake but half asleep?)
[ Post Reply | Private Reply | To 90 | View Replies ]


To: Alberta's Child

And like the rich guy and the poor guy are going to be shopping for the same kind of car....


104 posted on 05/10/2006 7:50:05 AM PDT by P-40 (http://www.590klbj.com/forum/index.php?referrerid=1854)
[ Post Reply | Private Reply | To 102 | View Replies ]

To: Alberta's Child
--- In your example, if those cars cost $20,000 for each person and the Fair Tax was 15%, then the rich guy paid 1.2% of his gross income in taxes on that car while the poor guy paid 12% of his gross income in taxes on that car.

What's the big deal? This is exactly how every state with a sales tax works, isn't it?---

Yes, that is correct. That is how sales taxes work. And sales taxes are regressive. We are stuck with sales taxes but I'll be damned if I'd ever cast a vote for a politician advocating the regressive Fair Tax system.

A flat tax, yes, a regressive tax, no.

137 posted on 05/10/2006 8:23:11 AM PDT by avacado
[ Post Reply | Private Reply | To 102 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


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