Bunky
Well-known member
- Jun 20, 2007
- 6,414
- 141
That is the concept of the value added tax where at every level a tax to reduce income taxes. Imagine if there was a sales tax on every trade in stock market.This rich pay sales tax just like everyone else.
You can't escape it like you can income Tax (loopholes)
As i said earlier, Groceries (and other necessary expenses) should be exempt for everyone