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Politics : Bill Clinton Scandal - SANITY CHECK
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To: Lizzie Tudor who wrote (5008)9/23/1998 2:23:00 PM
From: j_b  Read Replies (1) of 67261
 
<<Consumption/vat taxes just seem to be more fair. >>

Fair is such a fascinating word - if you have no real income apart from welfare or interest payments, consumption taxes don't seem fair. If you actually work for a living, income taxes don't seem fair. Actually, if you have to pay anything, the taxes don't seem fair. Personally, I think consumption taxes are less onerous than income taxes. They provide at least some incentive to save, providing capital availability for business to use for growth, and therefore also lessen the need for government safety nets. They also eliminate much of the ability to cheat (not all of it of course). I don't like VAT taxes, because they are still hidden from the person actually paying - you and me. If we actually could see how much tax we were paying, we might start insisting on smaller government.
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