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I am neither for ar against a sales tax but I do wonder why people are so opposed when most of the consumer spending over the last ten years has been funded by credit cards where people are paying interest to banks for profit. We might want to tax purchases of items we don't really need.

posted 4 years, 1 month ago
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why are the powers that be encouraging us to spend on credit and worried banks won't extend us more credit. part of our predicament in that we are living beyond our means, tapping home equity to pay of prior purchases, filing bankruptcy etc.
are we ever going to get out of this debt spending cycle to help the economy. we have the lowest savings rates in the developed world. i think we should tighten our belts, stop spending on useless items and living way beyond our means. do we really need hand knotted rugs and 35,000 vehicles?

posted 4 years, 5 months ago
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