"Consider a family with an annual income of $60,000, paying $20,000 in interest and mortgage payments on their house and spending $40,000 on all other items. The family has total transactions of $120,000."
Say what? Interesting math. Oh. You tax everything twice, eh...and what about savings? Pension plans? Medical insurance? Employer-matched 'voluntary investment' plans?
--Boris
41 posted on 08/14/2004 6:30:03 PM PDT by boris
(The deadliest weapon of mass destruction in history is a Leftist with a word processor)