Consumption-based tax

Libby J. Goldstein (libby@igc.apc.org)
Fri, 6 Nov 1998 12:19:29 -0500

Heidi,

I don't know very much about such a tax except to say that like the sales
tax it is very regressive. The reason is that poorer folk spend a much
higher percentage of their incomes on basics like housing, heat, food and
health care than middle and upper class folk do...They have way less income
and disposable income.

Libby

libby@igc.apc.org Libby J. Goldstein phone & fax: 215-465-8878
Philadelphia USDA zone 7A Sunset zone 32

My garden must be n-dimensional if it's out here in cyberspace.

To Unsubscribe: Email majordomo@ces.ncsu.edu with "unsubscribe sanet-mg".
To Subscribe to Digest: Email majordomo@ces.ncsu.edu with the command
"subscribe sanet-mg-digest".