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To: tpaine
But in any case, its becoming clear that you have a vested interest in our statist quo system. Can you be honest and tell us why?

Is it really that simple?

Would an overnight jump of 25% in prices destroy the economy? How many businesses would fail during the transition period? And how would any change in tax collection methodology solve the problem of exorbitant Unconstitutional spending?

383 posted on 11/05/2004 11:54:40 AM PST by balrog666 (Lack of money is the root of all evil.)
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To: balrog666
balrog666 wrote:

Would an overnight jump of 25% in prices destroy the economy?

The fair tax scheme would not be implemented 'overnight'.
Read the some of the links about HR 25. They explain it all, in detail.

How many businesses would fail during the transition period?

How many angels on a pinhead?

And how would any change in tax collection methodology solve the problem of exorbitant Unconstitutional spending?

Depending on how it was finally written/legislated, a fair tax bill, -- or perferably an Amendment, could put an absolute limit on Fed & State taxes.

387 posted on 11/05/2004 12:08:16 PM PST by tpaine (No man has a natural right to commit aggression on the equal rights of another. - T. Jefferson)
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To: balrog666
Would an overnight jump of 25% in prices destroy the economy?

Why is that relevant?

390 posted on 11/05/2004 12:28:37 PM PST by Principled
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