In response to:

Taxing the Poor

Moonbat Exterminator Wrote: Dec 12, 2012 10:49 AM
Inflation is ultimately a tax on savers and a subsidy to borrowers. The gubmint gets a double dip with the way the progressive tax rates work with inflation. The bottom line is that while incomes increase in a linear fashion, tax rates on that income increase exponentially. It's simple algebra that libs want to keep secret despite their hectoring us about "arithmetic".

With all the talk about taxing the rich, we hear very little talk about taxing the poor. Yet the marginal tax rate on someone living in poverty can sometimes be higher than the marginal tax rate on millionaires.

While it is true that nearly half the households in the country pay no income tax at all, the apparently simple word "tax" has many complications that can be a challenge for even professional economists to untangle.

If you define a tax as only those things that the government chooses to call a tax, you get a radically different picture from...