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To: SeekAndFind

Of course, the leftist argument against it (10% flat tax) is that $1,000 impacts a $10,000 income more severely than $100,000 impacts a million. And for once, they are right. (Boy, do I hate sayin’ that!)

The sales tax on purchases becomes voluntary once you go beyond necessities; that’s why I prefer it. But if we’re not careful. we’ll end up with BOTH!


19 posted on 05/23/2011 10:48:51 AM PDT by JimRed (Excising a cancer before it kills us waters the Tree of Liberty! TERM LIMITS, NOW AND FOREVER!)
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To: JimRed

How does 10% of a 10k income impact someone more than 10% of 1mil income?


20 posted on 05/23/2011 11:41:14 AM PDT by Durus (You can avoid reality, but you cannot avoid the consequences of avoiding reality. Ayn Rand)
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To: JimRed

People who make $10K and spend all of it do so because it is available. If they had only $9K, one of two things would happen. Either they would find some way to make more money, or prices would fall so they could still buy the same amount of stuff for $9K.


34 posted on 05/24/2011 1:14:43 AM PDT by Kellis91789 (There's a reason the mascot of the Democratic Party is a jackass.)
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