re: #199 jamesfirecat
Then we need to f***ing rewrite the laws so they can’t beat them not bitch and moan about it.
I don’t disagree with the idea. I just want to see it done differently.
I believe a consumption tax does two things. Encourages people to save and spend their money wisely (efficient use of capital). A rich guy who wants a plane or a boat or $3000 briefcase or $50,000 diamond for his wife can afford the consumption tax- he just wants to wiggle out of it.
No exceptions for luxury items- zero.
Same could apply to residences. Any home that 100% above the average home cost in that county ought to pay a consumption tax.
The only exemptions ought to be unprocessed food (tax does apply to restaurants), education, healthcare, etc.