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#1 (permalink) | |
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Groupie
Join Date: Jul 2004
Posts: 12
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Quote:
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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