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Reply #171: Because most people [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-30-07 02:17 PM
Response to Original message
171. Because most people
truly do not understand how a FLAT TAX works

Let me try to explain this to the math impaired, if you do not mind.... (and I do not mean you)

Two families, Joe wroks for 7.50 an hour

Jill makes seven figures

They both buy dinner

Tax, for the sake of argument is 10%

They both spend 100 dollars, plus 10 in taxes

Who do you think will feel the pinh of those ten dollars faster, Joe or Jill?

Any person who undesrtand how this works will give the correct answer.

(By the by this is the reason why sales taxes are extremely regressive, but every time somebody proposes this as a FEDERAL flat tax to get rid of the IRS for some resson people's IQ drops by ten points)
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