LouderVol
Extra and Terrestrial
- Joined
- May 19, 2014
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Why wouldnt buying/trading stocks be hit with the tax too?Liberals don't want to let wealthy people off with a consumption tax because most of the earnings for a wealthy person aren't used for consumption. They are reinvested. Like I said, I'm conservative. I'm a fan of consumption based taxation schemes, and I believe there are ways to structure them appropriately. The socialists running this country now have no interest whatsoever in exploring those options.
Worried about taxes to the poor. Make basic food stuffs a really low, or non existent tax. Water maybe 0%, soda 50%, vegetable 2%, candy bar 50%.