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To: Zhang Fei
You like property taxes. You will probably get to keep them.
9 posted on 01/30/2010 7:33:17 AM PST by Dubya (JESUS SAVES)
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To: Dubya
You like property taxes. You will probably get to keep them.

Actually, I prefer sales taxes. I think the problem with sales taxes as a primary revenue source is that a lot of evasion will occur, especially if rates rise significantly. The more evasion occurs, the higher the sales tax rate will have to be. It becomes a vicious spiral, with rising rates leading to more tax evasion, and more tax evasion leading to even higher rates.

16 posted on 01/30/2010 7:39:49 AM PST by Zhang Fei (Let us pray that peace be now restored to the world and that God will preserve it always)
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