To: HitmanLV
I am with you on this one. It is not the main, but only hangup for me. And even if - by decree- all already taxed moneys are up-indexed at the moment of transition, so that the savings account which used to be $10000 becomes $12500, such a development would be wildly inflationary.
26 posted on
05/14/2006 3:27:38 PM PDT by
GSlob
To: GSlob
I agree. Maybe set up a kind of debit card account account where charges against it are not subject to the Fair Tax? A technological conundrum, maybe. The idea is to make things easier, not harder! ;-)
28 posted on
05/14/2006 3:31:05 PM PDT by
HitmanLV
("5 Minute Penalty for #40, Ann Theresa Calvello!" - RIP 1929-2006)
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