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Comment: na, the FairTax has a probate

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na, the FairTax has a probate

Maybe, you could be right but the FairTax has a probate system on it. So, regressive no... and a sales tax would be much better than an income tax. Regressive is a subjective value and interesting enough they stuck that word infront of a sales tax as an example in government run econ 101 classes... the wealthy pay 100 for a shirt, the poor some $2 some $10. The rich probably buy more shirts as well and more access to other markets. The rich are in more markets as well, like the yacht market. So, an increased price, quantity purchased, more exposure would be a progressive tax. The state uses the word regressive to define that tax system in econ 101 classes to scare the masses. The word sticks around for anyone who believes in no taxes usually as well, why argue directly the definition of a regressive tax with the example of a sales tax, stuck in history forever now, until thoroughly reviewed. Which the state/elite economist will never do, however there is a probate destroying the regressive argument completely, and less intrusive than an income tax