Quote:
Originally posted by Apropos of Nothing
I am capped. I will pay more if the cap is removed or raised. That does not mean that my tax increased. It means that it isn't limited to a certain percentage of my income anymore, but applies to all of it (or to more of it, if they raise instead of remove it).
I agree, it's semantics. But let's look at it this way -- my state has a 5% sales tax on goods, but has a list of things that are exempt from the sales tax. Let's say that one of those things is pool chlorine. Let's say that I have a pool. Let's say that my state is having a budget shortfall, and they decide to tinker with the tax exemptions, but leave the rate alone. Pool chlorine is now subject to the 5% sales tax, and I now pay $10.50 for my bucket of chlorine tablets instead of $10.00. Has my tax increased?
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Yes, it has. No one gives a shit about percentages or what is taxed, they just want to know how much of the money they earn they get to keep. If they have to pay more in taxes, while earning the same amount, their tax has increased.
