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To: GOPJ
No it was written by the person stated. A link to it appears a few posts before. But your post makes no sense. Payroll and sales taxes are collected on a constant basis. The beginning of the year just brings a "Reconsiliation" between what you owe and what you payed out in taxes.
8,903 posted on 01/09/2004 9:06:54 PM PST by Revel
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To: Revel
The implication of the article was that the US government couldn't operate without constant taxes.

We're in debt now up to our eyeballs so a little more debt wouldn't break the bank. Someone would print more money, sell bonds, issue treasuries etc. Besides, payroll taxes are taken out every week, but companies pass the money along quarterly.

It's akin to a Russian not understanding how an American can go buy Christmas present when they're out of money and in hock to half the town. It's something we call using "credit cards". When I read your post, I felt the person writing it had not lived in an American culture.

But your post makes no sense. Payroll and sales taxes are collected on a constant basis.

8,905 posted on 01/09/2004 9:23:41 PM PST by GOPJ
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