Re: Urban cyclists, and what to do about them.
FairTax wouldn't work. Unfortunately taxing income is much more effective than taxing goods and services at generating revenue. Income tax may have inequity in it, but it's effective, unfortunately, at accomplishing its goal without screwing over the lower rung of the ladder and making them more destitute while making it so the rich could in fact be taxed the same as everyone else, or in fact less since they have the means to break loopholes, which is something that is more common among rich people than it is among middle class and lower class folk. If sales tax is 30% you can fly out of the country, buy a large amount of expensive goods, and then ship them to yourself as a "gift" from "someone else" and save money compared to taxation. If you're buying expensive software, books, movies, electronic devices, and services, you can pay for a round trip plane ticket and save a ton of money depending on the bulk. If there is one thing I know about taxation schemes, it is that rich people hire JDMBA CPAs to find quasi-legal ways around them. Sales tax only works when it is like 13% or less, I've read.
FairTax wouldn't work. Unfortunately taxing income is much more effective than taxing goods and services at generating revenue. Income tax may have inequity in it, but it's effective, unfortunately, at accomplishing its goal without screwing over the lower rung of the ladder and making them more destitute while making it so the rich could in fact be taxed the same as everyone else, or in fact less since they have the means to break loopholes, which is something that is more common among rich people than it is among middle class and lower class folk. If sales tax is 30% you can fly out of the country, buy a large amount of expensive goods, and then ship them to yourself as a "gift" from "someone else" and save money compared to taxation. If you're buying expensive software, books, movies, electronic devices, and services, you can pay for a round trip plane ticket and save a ton of money depending on the bulk. If there is one thing I know about taxation schemes, it is that rich people hire JDMBA CPAs to find quasi-legal ways around them. Sales tax only works when it is like 13% or less, I've read.




)
)

Comment