Quote:
Originally Posted by piercehawkeye45
Eh, the more I think about it the more I agree with Lookout's tax idea. I would change it to a small progressive tax then flat rate but the main point is to have a large sales tax. I don't know if he went into this, but I would make the sales tax "progressive" as well. Low sales tax for necessities (food, clothing, etc), higher for entertainment, and extremely high for luxury items.
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I have said that wouldn't be a bad idea. The problem with the way it has been presented, is it would hit the lower income and middle class too much, and it would be much better for wealthier people. It will never ahppen though, because the people at the top would never stand for a high luxury tax on their playthings.
Honestly, I don't see what is so bad about a progressive income tax, without all the loopholes.