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Taking that "food = 10% of disposable income" figure and then turning it around to make the point that the poor only spend 10% of disposable income on food is totally bogus. Do I even need to explain why?

Sales taxes on necessities are extremely regressive precisely because the poor spend a higher percentage of their income on those items.

Plus I don't see how you can say that your plan of "tax everything, sort it out later with rebates/transfer payments" is somehow easier/more simple for regular people than not taxing certain items, which happens automatically via store computers.

by MLD on Feb 24, 2011 12:05 pm • link • report

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