----- Original Message ----- 
From: "Gautam Mukunda" <[EMAIL PROTECTED]>
To: "Killer Bs Discussion" <[EMAIL PROTECTED]>
Sent: Friday, March 05, 2004 5:17 PM
Subject: Re: States Bent on Collecting Internet Taxes


> --- Tom Beck <[EMAIL PROTECTED]> wrote:
> > In other words, shift the tax burden from the
> > well-off (property
> > owners) to the less-well-off (the poor, who spend a
> > much higher
> > percentage of their income and thus are much more
> > affected by increases
> > in sales tax).
>
> Or, of course, to shift the tax burden from investment
> to consumption...

Which would favor those who have a higher investment to consumption ratio.
Since investments, even including net worth of houses, is extremely focused
(the ratio for the mean/median household wealth is about 4 or so) it is
hard for me to accept anything that would decrease the taxes paid by the
wealthiest and increase the taxes paid by those with the least amount of
money.

Dan M.


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