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Old 08-02-2004, 01:43 PM   #1 (permalink)
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Join Date: Jul 2004
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Quote:
Originally Posted by IamAlejo
I've hated income tax forever. It just doesn't make sense to me. A disposable income still will deal with income but it seems a little better.
not rly to do with income cause i described it poorly

necessities [food basic clothes non taxable or minimal taxing]....

but as far as luxuries go.. take cars for example... $0-15,000 (5%), $15,001-25,000 (7%), $25,001-50,000 (9%), $50,001-100,000 (12%).... so on

because if you can afford a 100,000 car you can afford the 12% $12,000
however someone who buys a 10,000 car may not be able to afford the 12% $1200, but only the 5% $500...


to me this is a very good system.. progressive VAT
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