In response to:

Taxing the Poor

rgama Wrote: Dec 12, 2012 3:11 PM
Inflation a tax? Re-defining the laws of economics?
PMcQB Wrote: Dec 12, 2012 5:43 PM
Tell you what rgama, why don't you debate Dr. Sowell on economics? Personally, I'd pay to see it.
TeaLeaves00 Wrote: Dec 12, 2012 4:24 PM
Right.. and Obama Care fines are a tax too.
AJ113 Wrote: Dec 12, 2012 3:30 PM
No, it is an easily understandable explanation of monetary policy gone bad, to cover even worse government fiscal policy
Doug5049 Wrote: Dec 12, 2012 3:15 PM
When the government prints money so they can immediately spend it, the increased money supply makes each dollar out there worth a little bit less. Net result: Government has more buying power, and the people have less. Sure sounds like a tax to me.

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...