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To: Gorjus
However, just what is being sold? If I have sold my time and expertise, then my paycheck is my sale price. Just because I choose to invest that rather than consume it doesn't change my sale price. What I do with the money makes it an income issue, not a sale issue since that sale is complete when I provide it and am paid, not when I decide what to do with the income from that sale.

I'm not quite sure what you are asking. Could you please clarify?

60 posted on 02/11/2004 2:31:08 PM PST by kevkrom (Ask your Congresscritter about his or her stance on HR 25 -- the NRST)
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To: kevkrom
I'm not quite sure what you are asking. Could you please clarify?

Your comment was that the tax to be paid depended on what someone would do with the money (not taxed if it's invested, etc.), not the actual sale. On that basis, I maintain this is still an income tax, not a sales tax. It's a tax on what you do with the money after the sale itself is completed (keep it, invest it). Money at that point is income, not a sale.

For me, the key value in a sales tax is if it equally applies to all sales. The tax (and tax rate) should be the same if I sell an hour of my time, or buy a candy bar. When money earned by providing a service someone wants to pay for it taxed differently than a candy bar, it's still an income tax with - if the low-income exclusions still apply - an even worse progressive structure than the current income tax, especially after a year of Democratic control of taxes, when the exclusion will be up so that about 60% of the people pay no 'income' (or pseudo-'flat') tax at all.
95 posted on 02/11/2004 5:38:47 PM PST by Gorjus
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