TwinTurbo.NET: Nissan 300ZX forum - False logic and false math.
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Subject False logic and false math.
     
Posted by ConVerTT on March 01, 2013 at 12:25 PM
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In Reply To A consumption tax increases tax on the poor, who spend posted by zellamay on March 01, 2013 at 11:59 AM
     
Message The poor spend less than the rich? Right.

And the poor are carrying the tax burden? Right.

Do some simple math on what an earner of $50k spends and pays versus an earner of $500k.

Oh BTW, saving and investing also have an important role in the economy. If fact I would argue that investment is more effective than taxation at creating wealth for all citizens.

     
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