Quote:
Originally Posted by martinguerre
sales taxes are regressive.
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First, this statement is not factual, but heavily disputed by both sides.
Second, how could it be regressive if the first $18k is non-taxable? Regressive means it gets bigger as the income goes down. Last I checked, zero is smaller than one.
Third, we have discussed this in a different thread. Not really on point here. If you want to discuss it further, I would have no problem rehashing the previous discussion.