Quote:I came across this article today while watching the stock market.  It brings up some interesting points that I thought would make for good discussion.

 

What stuck out to me the most is the chart that they show regarding how people spend their money.  There isn't much variation on "restaurants" as far as how much of a percentage of income is spent.  That's probably a whole other discussion in itself.

 

The focus of the article is on fuel which is taxed higher than any other product in the index.  Is it possible that lower income people are indirectly taxed more heavily?  When you put gas in your car, pay your utility bills or even pay for a service, the tax is something that you pay.

 

What if taxes on fuel, including the "taxes on corporations" such as Exxon or BP was reduced?