We need progressive taxes. Hell, I read somewhere that the lower 50% contributes only about 5% of total tax revenue. Lets stop taxing them on income. Sales tax is terribly regressive. So are speeding tickets. Lets progressify speeding tix.
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He just chooses to redefine standard economic terms to justify a fraudulent claim he made on the first page.12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio Regum
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Mine was suppose to trickle down here in 1980 I think. I never got it."When you ride alone, you ride with Bin Ladin"-Bill Maher
"All capital is dripping with blood."-Karl Marx
"Of course, my response to your Marx quote is 'So?'"-Imran Siddiqui
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Next we'll have to explain why a poll tax is regressive taxation.12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio Regum
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Originally posted by Lawrence of Arabia
We need progressive taxes. Hell, I read somewhere that the lower 50% contributes only about 5% of total tax revenue. Lets stop taxing them on income. Sales tax is terribly regressive. So are speeding tickets. Lets progressify speeding tix."When you ride alone, you ride with Bin Ladin"-Bill Maher
"All capital is dripping with blood."-Karl Marx
"Of course, my response to your Marx quote is 'So?'"-Imran Siddiqui
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Just because the tax is flat, it doesnt mean that it isnt regressive. The percentage of tax is the same, but the percentage of that tax on someone's income is a lot more on the poor then on the rich. That is what makes it regressive."Everything for the State, nothing against the State, nothing outside the State" - Benito Mussolini
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frogger,
What's the point. I think he can only talk to other libertarians. He chooses his own definitions for terms."When you ride alone, you ride with Bin Ladin"-Bill Maher
"All capital is dripping with blood."-Karl Marx
"Of course, my response to your Marx quote is 'So?'"-Imran Siddiqui
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Duncan
You catch on quick12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio Regum
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LoA,
true, I hadn't thought about it that way. No that I think about it the people in nicer cars do seem to speed more"When you ride alone, you ride with Bin Ladin"-Bill Maher
"All capital is dripping with blood."-Karl Marx
"Of course, my response to your Marx quote is 'So?'"-Imran Siddiqui
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There is one big plus about a national sales tax, it will put all goods on the same playing field. Right now, goods made here are taxed at various levels while foreign goods are exempt from many of these taxes. A national sales tax would impose the same tax on all goods...
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Explain your second sentence please.12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio Regum
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