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Non-Tech : Who Really Pays Taxes?

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To: Mana who wrote (625)1/7/2003 12:24:55 PM
From: BWAC  Read Replies (2) of 666
 
A bit more time to spout on......

I think when you examine any tax method, you need to include ALL forms of taxation.

18% National Sales tax
Plus:
7% State sales tax?
Gasoline tax
Property taxes
Payroll taxes
Etc. On and on.

When does the effective rate get to be about 50% for a middle class family?

Would the effective rate get to 50% faster for the low income family or the high income family? In fact would it ever get to 50% for the high income family? Could they consume and own that much property subject to tax? Or would the more you make in actuality mean you paid a lesser percentage because you couldn't possibly consume one more item above Xamount?
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