taxation

[Lamplighter]

Originally Posted by henry quirk

Hell if I know.

How one gets his or her money seems irrelevant to me,
just as how one spends his or her money seems irrelevant to me.

This is why I favor some kind of simple, direct, no exemptions/no loopholes,
point of purchase tax (to replace ALL others)...tax the transactions (ALL of them, for EVERYONE),
not the method of making money, or the amount made, or way it's spent.

I know damn well that'll never happen
(supposedly regressive on the 'poor'; the 'rich' pay like everyone else*;
those in government don't get nearly the revenue they want).

*And the appetites of the 'rich' are, well, just plain more 'expensive' than those of the 'poor'..
they'll pay more and they won't like it.

OK, I'll bite and give you first rope...

Please explain WHY you favor POS taxation

Is it just the simplicity of the idea ?
Is it because it is regressive ?
Do you think all types of transactions should be taxed at the same rate ?
Do you see any situations where some taxation should be progressive ?
Some examples might be nice too
.
Oh yes, be prepared to defend your answers