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To: balrog666

A VAT with an income tax would be the worst possible combination.

The FairTax, OTOH, eliminates the income (etc.) taxes and cannot be made into a VAT.


35 posted on 10/12/2005 10:02:12 AM PDT by pigdog
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To: pigdog

>A VAT with an income tax

Yup.

Every time I hear the word reform I cringe.

Bend Over, Here It Comes Again.


36 posted on 10/12/2005 10:04:49 AM PDT by swarthyguy
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To: pigdog
The FairTax, OTOH, eliminates the income (etc.) taxes and cannot be made into a VAT.

Oh really?

Vat benefits (India scraps Sales Tax for VAT due to evasion)
The Indian Express ^ | Oct 07, 2005
http://www.freerepublic.com/focus/f-news/1498423/posts

76 posted on 10/12/2005 8:36:36 PM PDT by hripka (There are a lot of smart people out there in FReeperLand)
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