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1 posted on 01/12/2006 6:10:05 AM PST by JOHN W K
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To: pigdog; ancient_geezer

You guys might want to check out this article.


2 posted on 01/12/2006 6:11:58 AM PST by Paul C. Jesup
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To: JOHN W K

Do you have a link for this?


3 posted on 01/12/2006 6:12:39 AM PST by Sidebar Moderator
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To: JOHN W K
I had no idea we were still governed by the Articles of Confederation!

What a nutjob.
5 posted on 01/12/2006 6:25:24 AM PST by green iguana
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To: JOHN W K

"People's Republic" = Totalitarian state


"Fair Tax" = National Sales Tax


Why don't we leave misleading labeling to the left?


6 posted on 01/12/2006 6:26:59 AM PST by aculeus
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To: JOHN W K

Who is the "American Constitutional Research Service"?


9 posted on 01/12/2006 6:44:10 AM PST by Fido969 ("And ye shall know the truth, and the truth shall make you free" (John 8:32).)
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To: JOHN W K

What is the point of your apparently pointless drivel??


11 posted on 01/12/2006 6:45:23 AM PST by Wonder Warthog (The Hog of Steel)
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To: JOHN W K
From Federalist 21 by Alexander Hamilton:

...It is a signal advantage of taxes on articles of consumption, that they contain in their own nature a security against excess. They prescribe their own limit; which cannot be exceeded without defeating the end proposed, that is, an extension of the revenue. When applied to this object, the saying is as just as it is witty, that, ``in political arithmetic, two and two do not always make four .'' If duties are too high, they lessen the consumption; the collection is eluded; and the product to the treasury is not so great as when they are confined within proper and moderate bounds. This forms a complete barrier against any material oppression of the citizens by taxes of this class, and is itself a natural limitation of the power of imposing them.

Impositions of this kind usually fall under the denomination of indirect taxes, and must for a long time constitute the chief part of the revenue raised in this country. ...

The FairTax makes the consumption tax a direct tax nationally. I see that as superior to a direct income tax or any indirect (hidden) tax.

And as a side note, it looks like the Laffer curve should be renamed the Hamilton curve.: If duties are too high...the product to the treasury is not so great as when they are confined within proper and moderate bounds.

14 posted on 01/12/2006 7:18:28 AM PST by KarlInOhio (What is the most obscene gesture to a Democrat? An Iraqi voter showing him a stained finger.)
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