Quote:
Originally Posted by petsetc
I content this statement is exactly the oppose of the truth. Sales tax is a regressive tax that shifts the burden to the poor (less well off) since they spend even penny to get by, where as the rich have more income than they require to live and can save/invest/travel (spending their money outside FL), etc.
|
It is the exact opposite. A $100,000 car has $10,000 tax bill at a 10% sales tax rate. A $10,000 car only has a $1,000 tax bill
According to you, the guy who paid $9,000 less in taxes is paying more in taxes. Yes, that is as silly as it sounds when written plainly.