Talk of The Villages Florida - View Single Post - “We know what we need. We know who to blame.”
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Old 10-13-2011, 06:42 PM
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Default Explain Please??
Quote:
Originally Posted by RichieLion View Post
This isn't a luxury tax, G. This is a consumption tax on almost everything in conjunction with you having more money in your pocket because of a 9% income tax....
Richie, how are you going to explain how great that 9% income tax is to the 45-50% of Americans who don't make enough to pay any income tax now under the current tax tables?

In that that group is pretty important in spending on "stuff" to keep the economy going, explain please how half the population having less to spend after paying the new 9% tax is good economic policy?