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#9
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Quote:
ie. the rich man will pay more in taxes for say a new Bugatti while the poor man will pay far less though an inflated price for his clunker (if he can find one courtesy of Pres. Obama's 3 billion cash for clunkers program.) Thus a much, much lower tax and in reality the Bugatti buyer at 5% would pay in tax 15K while the clunker buyer would pay $250 bucks on a $5K car. In the end the rich would pay far more than the poor and everyone would be EQUAL under the law which should be the ultimate target anyway. No?
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