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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Amy J who wrote (222228)3/5/2005 6:16:59 PM
From: RetiredNow  Read Replies (2) | Respond to of 1575672
 
So if some guy earns $50K per year and spends it all and pays 10% of that in taxes, then he pays $5K in taxes.

If some lady earns $200K and spends $100K and pays 10% consumption taxes, then she pays $10K, which comes to 5% of her earnings.

Ok so I see how percentage-wise, she has paid less as a percentage of her total income, but she ended up paying $5K more in tax dollars.

So where is the larger burden on the poor? I see clearly that the larger burden was on the rich lady, in that she paid more.