chinaco
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Feb 14, 2007
- Messages
- 5,072
I believe part of that is due to the recession (people out of work). But it that number will increase at boomers retire.
That is part of the reason for Volcker's VAT or Energy tax. It ensures some of the tax bill is based on consumption for all of the population. We are getting ready to enter a time where many people are paying low/no income taxes, yet have money to spend.
That is part of the reason for Volcker's VAT or Energy tax. It ensures some of the tax bill is based on consumption for all of the population. We are getting ready to enter a time where many people are paying low/no income taxes, yet have money to spend.