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Subject Not true
     
Posted by ZXoltan on March 01, 2013 at 12:27 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 Poor people dont drive expensive cars, nor do they have expensive homes, yachts, second homes, take expensive trips, third homes, etc... If they do, then something is obviously amiss.

The more you spend, the more you pay the government. This would apply to corporations as well, plus this would eliminate "tax shelters."

When rich folks invest in businesses, they help grow the economy and provide jobs for the rest of us. I've never heard of a poor person who was hiring. You are correct that folks should be encouraged (via financial incentives) not to squirrel money away.

'nuff said.

     
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