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To: smokeyb
You would rather they continue to pay taxes on their retirement funds and social security then buy products with all those taxes built into them.

You're another one who needs to take a tax class.

The people in the class you're describing probably aren't even required to file...You described a perfect example of someone in my family. Hundreds of thousands in the bank, own their home outright and receive SS checks every month...They haven't been required to file a tax return for 15 yrs.

Some people are easily fooled. Most all products are foreign born. There aren't any US taxes built into foreign products.

70 posted on 08/22/2004 10:00:14 PM PDT by lewislynn (Why do the same people who think "free trade" is the answer also want less foreign oil dependence?)
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To: lewislynn
Some people are easily fooled. Most all products are foreign born. There aren't any US taxes built into foreign products.
What's also forgotten is that this mythical 22% drop in producer prices is on products, not services (eg. health care). So there wouldn't be a 22% drop in the price of our consumption even if producer price drops were seen in consumer prices.

Also, a lot of the medicine the elderly are taking are the type of products that won't go down in price because there is no competition. Look at the price the US customers are paying compared to other countries for the same drug!
73 posted on 08/23/2004 5:09:36 AM PDT by Your Nightmare
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To: lewislynn
You're another one who needs to take a tax class. The people in the class you're describing probably aren't even required to file...You described a perfect example of someone in my family. Hundreds of thousands in the bank, own their home outright and receive SS checks every month...They haven't been required to file a tax return for 15 yrs.

Oh, really ? Let's see... with that much in the bank they are probably receiving a fair amount of interest income and if they get SS payments I am guessing that will take them above the minimum for filing. Maybe you should squeal on that family member.

Some people are easily fooled. Most all products are foreign born. There aren't any US taxes built into foreign products.

I guess I will have to tell my clients that are in the manufacturing business that they don't manufacture anything.

So since you are such an ace on taxes and manufacturing, I am guessing you are an CPA for numerous businesses ? If not, what do you do. And if you hate the sales tax just what do YOU propose for the perfect fix. Or is it you just like the current system ?

93 posted on 08/23/2004 1:39:02 PM PDT by smokeyb
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To: lewislynn

"Most all products are foreign born. There aren't any US taxes built into foreign products."

And just why do you think our manufacturing base has eroded so much over the last few decades as our tax system has gotten more and more burdensome?


163 posted on 08/25/2004 4:44:09 PM PDT by phil_will1
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