SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Sound Off - Speak Your Mind

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: No Mo Mo who wrote (79)11/7/2000 5:11:45 PM
From: flatsville  Read Replies (1) of 595
 
You see...on the surface, I believe we need to be very careful with sales taxes because I subscribe to the interpretation that they are inherently regressive i.e., The lower a person's income the greater the portion their income goes to buying necessities.

Good point.

Just as the wealthier members of society have those banks of lawyers and accountants to bend the interpretation and categorization of luxury vs. necessity. I think we'd end up with the same Swiss cheese of loopholes that ultimately benefit the "benders" and "interpreters" of tax code.

Excellent analysis Darin. You think like a criminal.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext