Not Regressive or Progressive – A Flat Tax

Regressive Taxes decrease as the amount subject to taxation increases, meaning the poor pay proportionally more tax.

Progressive Taxes increase as the amount subject to taxation increases, meaning the rich pay proportionally more tax.

Sales Tax Only is a flat tax.  The rate is the same.  The more you spend the more tax you pay, but the rate stays the same.  Actually, if you are poor you will spend less and therefore pay less total tax.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>