Quote:Under a consumption tax you can save money which is GOOD for the economy and not be penalized. Under the Production tax you pay taxes when you earn the income and when you spend the income, your being double taxed.

 

Ah the prebate, I figured you'd bring that bizarre invention in. It helps to weigh the brunt onto the middle class.

 

In any case your idea that income tax is a disincentive for higher wages show that you have no idea how our progressive marginal income tax system even works. The idea that anyone would be motivated to not make money because of the marginal tax rates on some portion of their higher earnings creates a disincentive is absolute absurdity.

 

If it's any comfort I've met a lot of people who are utterly confused with the current tax system even without considering the more complex facets of it.

 

I left this single passage in the quote because it so blithely illustrates your complete lack of understanding about how marginal propensity to spend affects the economy and why the country is in its current economic condition.

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