To: inquest
I'm gonna thrown yet another wrench into the works..... There's a difference between income & accumulated assets. In our tax system someone *could* have a billion dollars in cash, live quite well on it, have a similar (or greater) need for government services as the higher income earner, but the billionaire would pay nothing for government services.
To: GoLightly
Valid point. One reason why consumption taxes are generally more equitable than income taxes.
27 posted on
05/05/2003 6:52:28 PM PDT by
inquest
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