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To: cinives
--- You cut off your reading a bit too early. There is a large exemption for the first X dollars of purchases, thus making the tax progressive.---

No, I read that long ago. I have been over and over the Fair Tax issue. What you mention above is called a kluge. It's a hap-hazard fix to a broken REGRESSIVE taxing system.

134 posted on 05/10/2006 8:19:35 AM PDT by avacado
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To: avacado

It's a semantics issue - by definition, any flat tax is a regressive tax.

So what ? Make more money or spend less. Those who defend progressive taxes are simply jealous and promote class envy.

Look at it a different way. If a person making $200,000 buys a $20000 car and a person making $100,000 buys a $10,000 car, doesn't the lower income person pay the same tax under the flat tax proposal ?

Message being, if the less wealthy folks stop trying to keep up with the wealthier Joneses and instead live within their means, their taxes won't be recessive.


145 posted on 05/10/2006 8:35:56 AM PDT by cinives (On some planets what I do is considered normal.)
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