re: #205 PT Barnum

I personally think a national sales tax is a better choice, but it disproportionately affects those who spend everything they earn, as opposed to those who have more than they need.

Those with more than they need are therefore incentivized to not spend what they have so that they never pay taxes on it.

That doesn’t make any sensible point to me, as an argument against a sales tax.

Those who spend everything they earn typically spend it proportionately more on things they don’t need than those who can save. All you need to do to verify that is go to a supermarket and check out what’s in the carts of those paying with food stamps.

As to not spending to avoid taxes, I don’t buy it. One saves for other reasons, and in any case one of the problems with our economic model is that we have too little savings and too much debt, as individuals.