10-18-2011, 10:15 PM
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It's 42
Industry Role:
Join Date: Jun 2010
Location: Global
Posts: 18,083
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9-9-9
9-9-9 is idiotic drool ...
Any sales tax that includes food and prescription drugs and other medical services (are services to be taxable too? -- They are also "sales") is totally regressive horseshit -- are rents also taxable? I didn't hear of stocks, bonds or other financial instruments and real estate transactions being taxable. How about capital gains? Would they be taxed at 9% instead of todays reduced rate of 15%?
Almost all mainstream politicians and economists discredit the 9-9-9 proposal.
I could support a fair flat tax even though it would cost me some money but this 9-9-9 is total bullshit.
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