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Topic	Politics Containment Topic 149: Open 24/7 365 Snowflakes or not!
Corrik 11/20/17 12:23:17 PM #69:	banananor posted... argument about the flat sales tax strategy: a flat sales tax quite literally taxes poor people at a higher rate than rich people poor people spend 100% of their income on the things they need as people earn more and more, they are able to save and end up spending a smaller and smaller percentage of their income So if the flat sales tax were 30% or something, poor people would have an effective tax rate of 30%, while people like me would have an effective tax rate of something like 15%, because I save half of the money I earn. Not true. You wouldn't have sales tax on utilities, rent, most foods. --- LoL ID = imajericho XBL GT = Corrik <cite>Corrik posted [p:890743512] in Politics C... [t:76002848]...</cite> <quote><cite>banananor posted...</cite> <quote>argument about the flat sales tax strategy: a flat sales tax quite literally taxes poor people at a higher rate than rich people poor people spend 100% of their income on the things they need as people earn more and more, they are able to save and end up spending a smaller and smaller percentage of their income So if the flat sales tax were 30% or something, poor people would have an effective tax rate of 30%, while people like me would have an effective tax rate of something like 15%, because I save half of the money I earn.</quote> Not true. You wouldn't have sales tax on utilities, rent, most foods. --- LoL ID = imajericho XBL GT = Corrik</quote> ... Copied to Clipboard!
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