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Reply #18: I do wish we could target "Those" [View All]

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M155Y_A1CH Donating Member (921 posts) Send PM | Profile | Ignore Tue Jan-18-05 03:11 PM
Response to Reply #16
18. I do wish we could target "Those"
You know, the "haves"...

but I think the way to get them is when they spend the money to buy influence and other goods. Let them throw their new found wealth around and pay a flat sales tax for America.

If the basic necessities are exempted from the sales tax, food, shelter, water, could all be tax free for everyone.(poor included) The more you spend on non-necessities the more taxes you pay. An end to tax loopholes and no more percentage of income unfairness. Poor folks in our current tax hell are charged a much larger percentage of tax to income than others at the top of the income strata. If we shift from income taxing to spending taxing then those who spend the most on luxury and sin purchases would then pay the higher percentage of tax. Those only able to afford the basics would be untaxed entirely.

Let's tax them when they try to use it. A flat sales tax would also encourage savings. Interest would be untaxed as it is income. Only use of your money would incur taxation.
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