Quote:
Originally Posted by Darkness
spending would go waay down. It would kind of punish the middle class that make too much and are above the poverty line, but what if they had 3 or 4 kids, thats a lot of things that they will need to buy.
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But the argument is that they are already paying ~22% now with the wages they make. It would be a wash for the 3-4person family who lives within their means.
The rich who buy the million dollar yacht would pick up "their fair share" of the tax burdon. Since they usually dont have wages that are taxed, and are the biggest consumers.