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To: Principled

You really enjoy stroking your pet, don't you.


232 posted on 10/21/2006 5:43:42 AM PDT by xcamel (Press to Test, Release to Detonate)
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To: xcamel

Thank you for providing another example of your desire to avoid talking about the benefits of tax reform.

For example, the income tax makes US exports more expensive overseas. Imports to the US have their tax costs removed (this is called border-adjustability).

The income tax is NOT border-adjusted. This is one of the main factors in the loss of manufacturing in the US. Manufacturing, as a % of GDP, has declined more than 50% in the last 50 years. The nrst IS border adjusted. So our exports would be cheaper overseas.

Of course you know the flat tax is not border adjusted either.


234 posted on 10/21/2006 5:54:08 AM PDT by Principled
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