Thread: Fair tax
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05-03-07
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Quote:
Originally Posted by Manifesto View Post
It would force the middle/lower class to spend their money on essentials instead of luxery items that they cant afford. Instead of being taxed on your earnings and your spending, you would only be taxed on your spending but the taxes on items would be about double.
Thus discouraging people from spending their money, thus killing the economy, thus a bad idea. When money becomes stagnant things go downhill.

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