re: #16 Buck

How do you get “but the wealthy still would not have to pay anything?” from what I said?

Excuse me, let me be much more specific. The wealthy would still not have to pay anything in National sales tax on any money not spent to buy actual goods in that calender tax year, correct?

So the poor have to pay a flat tax with no deductions on every cent they earn, then pay a national sales tax on every cent they spend. The wealthy would have to pay the same tax as the poor on every cent they earned, but then only have to pay the sales tax on the tiny percentage of their income that was actually spent on goods instead of being banked or invested. Is this not correct also?

Look up the definition of “Regressive” taxation…because this is what they mean.