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To: Abby4116
the tax will be added to each step of manufacturing

Has nothing to do with manufacturing. It is added at each point in the economic process where value is added. Even, so, it isn't part of the flat tax.

VAT's are also neither progressive nor regressive. Where they fall on the scale depends entirely on what processes are exempted. Most regressive elements are removed either via credits or by exempting specific items, like food.

In any case, my point stands. The author is an economic illiterate. There is nothing intrinsically wonderful about "progressive" taxation. All it means in theory is increasing the rate as income increases. What it means in practice is dividing people by income classes and envy.

60 posted on 03/04/2016 4:09:35 PM PST by FredZarguna (Billy was a simple country boy. You might say a cockeyed optimist...)
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To: FredZarguna; TexasCajun

It’s why I call her Identity Politics Barbie. She was put in a timeout a couple of months ago but is back with a vengeance. I tag all her posts with paidtrumptroll. I’m pretty sure she’ll be gone after the election.


72 posted on 03/04/2016 4:21:42 PM PST by goodwithagun (March 3, 2016: The date FReepers justified the "goodness" of Planned Parenthood.)
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To: FredZarguna
It is a 16% flat tax on business IN ADDITION to the personal flat tax.

Whenever the flat tax is mentioned the employer/business tax is NOT mentioned, even though it will probably increase the cost of goods.

73 posted on 03/04/2016 4:22:25 PM PST by Abby4116
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