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To: jocon307
"Well what do you suggest, a 'national sales tax' or VAT or 'consumption tax'? I think these would be regressive."

I favor the FairTax proposal, as articulated by Ancient Geezer in post #14. It is a National Retail Sales Tax, but it has a rebate to make it progressive. It is much fairer and simpler than the current system and has a myriad of other benefits over the Flat Tax, the current system and any other tax reform proposal.
16 posted on 04/16/2004 4:33:36 AM PDT by phil_will1
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To: phil_will1
It is a National Retail Sales Tax, but it has a rebate to make it progressive.

Where does the rebate money come from?

27 posted on 04/16/2004 7:44:27 AM PDT by lewislynn (Free traders know it isn't , they just believe cheap popcorn makers raises their living standards.)
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To: phil_will1
Progressive?
Socialism, by any other name is still immoral stealing.

Progressive?
Progressive this!

You are free to give any excess that you choose to any one you want. And so am I. Why do we need the power of government to make it real?

29 posted on 04/16/2004 7:49:30 AM PDT by Publius6961 (.)
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