ST Alpha - "STIS -- Has anyone here heard of the "X Tax" proposal and can explain it in a way that doesn't make my brain hurt? -- nm" (Reading a Post)

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STIS -- Has anyone here heard of the "X Tax" proposal and can explain it in a way that doesn't make my brain hurt? -- nm

Posted by znufrii Nov 30 '12, 10:19

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Responses:

Link? -- nm - spamlet Nov 30, 10:32 10
- here's one analysis I found -- (link) - znufrii Nov 30, 10:33 9
  - It will never come into being if that helps. - spamlet Nov 30, 10:40 5
    - "quadricorn"? -- nm - znufrii Nov 30, 10:45 3
      - Do you not have Ameristar casinos by you? -- (link) - spamlet Nov 30, 10:47 [youtube] 2
        
        Oh, *my*... -- nm - znufrii Nov 30, 10:49 1
        
        There's a whole series of them. A bunch of people around here were quadricorns for Halloween. -- nm - spamlet Nov 30, 10:50
    - I really just skimmed it though. I've saved it for later reading. -- nm - spamlet Nov 30, 10:42
  - from what I can tell, it combines a flat tax on business cash flow (minus investment expenditures) with a progressive tax on wage incomes - znufrii Nov 30, 10:39 2
    - Basically, they start with a VAT base. The VAT is a consumption tax. Therefore, this is a consumption tax. - spamlet Nov 30, 10:41 1
      - gotcha. thanks. -- nm - znufrii Nov 30, 10:44

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