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To: Protagoras
Nonsense, a new tax on everthing I buy is in addition to what it was before. It's not perception that a new car will cost me a hell of a lot more than if this doesn't happen. You need to try that old fashioned practice of putting your hand in your pocket and counting your money before and after you buy something.

Perhaps if you'd have read any of AG's links rather than complaining about them, you'd understand that the price of goods and services are inflated by an average of 20-25% due to the effect of income taxes. Remove income taxes, the price drops. Add the sales tax on top of that, and the price settles down to being within a couple of percentage points of today's prices.

Your effective purchasing power also goes up. The FCA essentially "untaxes" the first X dollars (based on family size) you spend. Your savings becomes tax free. And most of all, you and your descendants are free of the IRS forever.

228 posted on 03/04/2004 9:45:08 AM PST by kevkrom (Ask your Congresscritter about his or her stance on HR 25 -- the NRST)
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To: kevkrom
Remove income taxes, the price drops.

Your prognosications about future price levels are hypothetical. No sale.

229 posted on 03/04/2004 9:49:54 AM PST by Protagoras (When they asked me what I thought of freedom in America,,, I said I thought it would be a good idea.)
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To: kevkrom
Remove income taxes, the price drops.

Why are you still telling this lie?

Individual income taxes will just be paid to the employee, not the state & feds. Result: No change in business costs.

Corporate income tax is less than 20% of individual income taxes. Furthermore they are not paid by Subchapter-S's, LLC's, or many small C-Corporations. Result: No change in small business costs.

244 posted on 03/04/2004 10:54:39 AM PST by balrog666 (Two things are infinite: the universe and human stupidity; and I'm not sure about the universe.)
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