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To: cake_crumb
Can you imagine what a 23% tax on food and other nacessities would do to our economy?

There's already a 23% tax on those goods. Corporations don't pay the tax; they pass it along to the consumer. It's embedded in the cost of the product.

BTW, can you imagine what a 0% income tax would do to our economy?

147 posted on 01/14/2008 3:18:13 PM PST by cowboyway ("No damn man kills me and lives." -- Nathan Bedford Forrest)
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To: cowboyway
There's already a 23% tax on those goods. Corporations don't pay the tax; they pass it along to the consumer. It's embedded in the cost of the product.

BTW, can you imagine what a 0% income tax would do to our economy?

Yep, nothing. It would be eaten up by a 30% (Yeah, I know, 23%) consumption tax. THe longer I study the FairTax, the less I like it.

185 posted on 01/14/2008 8:08:30 PM PST by Bryan24 (When in doubt, move to the right..........)
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