Sales Taxes and Flat Rate Income Taxes should be considered Progressive as opposed to being considered regressive.
It is much more difficult to "cheat" on a Sales Tax.
Sales Taxes tax only the money that people spend, i.e., if you are
in a low income bracket you spend less and therefore your taxes are lower.
Flat rate income taxes have proven to raise more money than those incomes taxes which increase the rate of taxation as income increases.
Sales Taxes and Flat Rate Taxes have been proven to increase revenue and increase prosperity in foreign countries where they have been tried.
The label "Regressive", coined by a Socialist, has been proven be be wrong and negatively impacts the concept of the proper method of Taxation.
It has, however, been quite effective as a propaganda tool..
2006-11-04
05:20:30
·
6 answers
·
asked by
Anonymous