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.
Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (30160)5/5/2010 8:18:48 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 103300
 
GZ... that is not making 'your point', (it's making MY POINT.)

Consumption taxes, (VAT is a classic consumption tax), affect poor and middle classes (proportionate to the wealth and income) *more* then the income tax system does.

Which probably explains why Steve Forbes has pushed for a VAT to replace the income tax system for so long, (and also why most Dems are opposed....)

:-)