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Live Video: President Obama's Budget Address

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Vicious Babushka4/13/2011 12:09:50 pm PDT

re: #305 barflytom

A sales tax to discourage spending and (modest) asset taxes, including on trusts, would be better than taxing income and capital gains in my opinion.

Sales tax mainly affects the purchasing habits of the poor; so you’re saying tax the poor more.