Quote:A family of four under 20k a year? They're on every form of assitiance or at least should be, their not buying much of anything.

Yeah, I don't think you get it...

First off, 20-30k a year for a family of four I'd poverty level living. So the fact that 45 percent of Americans aren't paying income taxes because their income is at this subsistence level is an indictment of this economy.


Of course some may wish to blame the workers for their low wages. But the fact that jobs have been flying overseas, the h1-b visas and other factors have depressed wages may be to much critical thinking to expect from the OP.


Secondly, the point that must economists find a consumption tax as a bad idea is because it is regressive in nature. While the working poor may not be spending alot of money, they will be spending all of it just to survive, they tend to not be able to save money... you know because the have to eat and support their family. So adding an additional tax on them really would have adverse repercussions.


Something to think about...

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