…features an excerpt from a column written by former state Senate candidate Todd Tibbets, published in the Gwinnett Daily Post.
The sales tax is by far more impartial and less regressive than the income tax because sales taxes are based on consumption.
Emphasis mine. If you Boortz-felating types are going to try to sell me a sales tax, at least don’t say it’s the exact fucking opposite of what it is in your marketing pitch. Does the Daily Post even proofread the bullshit they print?
(grammar police note: sorry for all the split infinitives today)
The part I highlighted: “less regressive.”
In mathematical terms, sales taxes are regressive, income taxes are progressive. This page offers a good explanation.
Bingo. This is why I think the Fair Tax is bullshit wrapped in bacon.
Alright, I see your point. When looking at an individual purchase, yes a consumption tax looks regressive. The problem is we don’t just buy one thing. We buy a crap-ton of things. The “rich” can afford to buy more, therefore they pay more in tax dollars than the non-rich. Throw in the monthly pre-bate (FairTax) and the poorest of the poor have no tax burdon whatsoever at all.
No tax system is going to be perfect but I believe that taxing off of income introduces many more problems than taxing off of consumption.
Prebate. You mean welfare?
No Joe, it’s not welfare. It’s not money off which to live. It’s supposed to offset the taxes someone would pay on the necessities of life. It’s similar to how under the income tax the poor are able to deduct all of their taxes. Everyone would get it (to be fair) and it would come at the beginning of the month.
I’ve never understood why the government is being proposed as a middleman for this process. Isn’t the idea to remove bureaucracy? It sounds like substituting one form of government oversight with another to me.
Again, bingo. This sounds like replacing one three-headed monster with another one to me. Gah, I could probably write a fucking paper on this but I can’t be bothered, we have a show going up.