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Originally Posted by somerfrost
terrible idea...would effect the poor much more than the rich (no big surprise), while the rich would pay more for luxury items, everybody needs food, clothing etc...it would be a huge break for the richest folks!
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Does make sense. 23% for people who have very little money and hardly pay any income tax, if any at all, would crush them. Paying 23% extra for food... not good.
What about the middle class though?