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Maxprop
 
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Default Scotty's mistake


"Bob Crantz" wrote in message
k.net...

"Peter Wiley" wrote in message
. ..
In article . net, Bob
Crantz wrote:

"Maxprop" wrote in message
ink.net...

"Bob Crantz" wrote in message
nk.net...
Who says the rich have to pay taxes at a higher rate?

Democrats, generally.

No where else in society do the rich have to pay more for things like
cars, bread, etc. The cost is the same for everyone for the same
product.

Right, which makes a federal sales tax more equitable than an income
tax.

How come you want to deny the poor their chance to pay the same?

An odd question. Most people, poor or otherwise, would love the
opportunity to pay less in taxes. But to continue the discussion, the
impoverished and working poor probably should pay a lesser proportion
of
their meager income in taxes. There could be exemptions or reductions
in
a federal sales tax for the poor.

But the poor are taxed more heavily! Cigarette taxes, booze taxes,
lotteries, gambling taxes, motel room taxes - it all adds up!

Need more revenue? Increase cigarette taxes!


Doesn't work. Been done here. You reach the point of diminishing
returns, not because people stop smoking but because the difference
between production cost & sale price with tax added is so enormous that
it's an invitation to create a black market.

PDW


Very good observation. The black market is the alternative to over
regulation.

"We've increased taxes and revenues are falling!"

"Quick! increase taxes faster than revenues fall!"


Some legislators were once asked if they'd support the concept of a 100%
marginal tax rate. They said they'd think about it, but it sounded okay.

Max