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Response to samsingh (Reply #1)

Thu Jan 10, 2013, 04:03 PM

48. So only people who spend their income to buy things like food, etc. will pay taxes.

No matter who much income you have or how wealthy you are, you would pay no taxes except on what you purchase in Louisiana. That can be gotten around!

Oh, and usually these taxes exempt personal services, rent, medical costs, groceries, financial transactions, etc.. And, they'll probably exempt anything purchased for eventual resale, like materials for construction and manufacturing.

In other words, they don't raise enough money but severely punish the poor and the middle class. If the sales tax is the typical 9-10% like it is here in TN, that's like giving a 9-10% pay cut to the poor and middle class.

What a tool!

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samsingh Jan 2013 #1
LineLineReply So only people who spend their income to buy things like food, etc. will pay taxes.
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