hkellick: (Moving)
[personal profile] hkellick
So... Mr. Greenspan believes that we could cut income tax by doing what canada does and having a national sales tax.
Mr. Greenspan, you are a complete f'ing moron.

A national sales tax is going to hurt lower class people a hella lot more than upper class.
Mr. Greenspan thinks that a national sales tax could help spur the economy on. Because putting yet more tax on our Japanese and Chinese goods is really going to help American business?

And while it is entierly possible upper class citizens will, in the end, be paying more than lower class citizens, I guarantee you the extra sales tax on the lower class will hurt THEM a whole lot more.
More to the point, a national sales tax URGES people to keep their money in bonds, stocks and accounts instead of spending it, because they'll be charged less..especially if they do institute lower to no income tax.

What a crock of shit.

Part of why I'm strongly against any extra tax is because I'm from Buffalo, New York, home of the highest county tax rates in the entire united states.
It's interesting.. because one of the big stinks going on at home is that the County, in the last election, asked to up the county sales tax to 9 and some percent.
Let me repeat that.. 9 and some percent.
Of course, the already heavily taxed people of Buffalo and Subarbs said... "Um. No. And, hey, where *IS* our money going anyways?"
According to my mom, this story is head story every day since the elections. The county's shut down. The local news stations are trying to find out exactly how corrupt Erie County truly is.. and everyone's suffering with no county parks, no county programs (Except Libraries) and no county staff.

And now Mr. Greenspan wants the poor beleagured people of Buffalo, New York to pay a national sales tax too.

Faggeditaboutit. If I wanted to be paying that much, I'd just move off to Canada. Their health care is better :p

(no subject)

Date: 2005-03-04 03:22 pm (UTC)
From: [identity profile] peachtess.livejournal.com
Last time I got something in San Francisco the sales tax was 8.25% and I looked it up and Buffalo is the same rate. Also Canada does have income tax, a bit higher then ours, on top of the national tax. That makes sense in a country that has National health coverage for everyone living in Canada that is a resident or citizen. There the sales tax last I saw it was like 9-10% in BC. Really when you look at the high cost of paying for health insurence and the crazy costs for prescriptions and medical care even with insurence those Canadians are making out really well. I wish all my prescriptions where $5

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