Re: Why "progressive" tax schemes are evil

Date: Mon Mar 19 2001 - 20:22:45 PST

In a message dated 3/19/01 8:28:25 PM Eastern Standard Time,

<< Modulo competitive pressure; they can only pass on expenses to the extent
 the market will bear it. Wonderful thing about capitalism, that... >>

in THEORY, boner man. let's look at something else: credit card debt
(people buying things they cannot afford) and increased bankruptcies (people
unable to pay their credit card debt). both are pervasive in your modulo

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