Replies

To: ancient_geezer

Secondly the NRST is a sucess if just in removing government intrusion out of the individual financial life.

And you think having the federal government taxing everything I buy is removing government intrusion from our individual financial lives?

309 posted on 03/04/2004 4:48:52 PM PST by Your Nightmare

To: Your Nightmare

Yes, because they are no longer sitting on my doorstep, looking into my personal financial files.

310 posted on 03/04/2004 5:10:18 PM PST by ancient_geezer (Equality, the French disease: Everyone is equal beneath the guillotine.)

To: Your Nightmare

And another paper and federal statistic cite within it as well.

Another from IPI, including source references to total tax of 54% of annual personal consumption. Knowing that $2 are collected in federal taxes for every $1 collected state & local, that works out to be 36% embedded federal taxes.

Hmmm, a googling we do go.

http://www.ipi.org/ipi/IPIPublications.nsf/PublicationLookupFullText/A9A7AA39F78128BB86256AB700627702

It’s easy to see why: the total U.S. tax burden is equal to 56 percent of annual personal consumption spending. ⁴
4. Personal consumption spending from Bureau of Economic Analysis National Income and Product Accounts; Total tax burden from U.S. Census Bureau, Statistical Abstract of the United States: 1999 (119^th Edition) Washington, DC, 1999.

313 posted on 03/04/2004 5:35:31 PM PST by ancient_geezer (Equality, the French disease: Everyone is equal beneath the guillotine.)

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