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To: fightinJAG

Potentially lower tax rates on savings/investment interest and possible lower goods prices are not going to make up for a 9 to 23% consumption tax.

If people want to change the tax structure from income to consumption tax, they’re going to have to figure out how to do it such that one generation doesn’t end up getting screwed by both.


144 posted on 10/18/2011 4:39:58 PM PDT by Darth Reardon (No offense to drunken sailors)
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To: Darth Reardon
If people want to change the tax structure from income to consumption tax, they’re going to have to figure out how to do it such that one generation doesn’t end up getting screwed by both.

Maybe we could provide a way to file for a refund of the tax on that new Gulfstream, provided you can prove you dipped into principal acquired prior to the advent of the sales tax to buy it, as opposed to spending your dividends, interest, royalties, whatever.

148 posted on 10/18/2011 8:04:03 PM PDT by cynwoody
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