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To: numberonepal

I'm curious to know how economists link sales tax rates to inflation and/or recessions.


52 posted on 11/07/2004 6:31:51 AM PST by dr_who_2
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To: dr_who_2
I'm curious to know how economists link sales tax rates to inflation and/or recessions.

I'm not really sure, but since the tax is revenue neutral I don't see much difference in economic cycles and inflation rates.

What people have to understand is that this change will be across the board. Their ways of thinking about taxes will be paradignamically shifted. Everything will be totally different. When folks start getting their entire paycheck, the thinking will shift. You'll see a lot of questions about the Fair Tax asked in terms of the way taxes work now.

54 posted on 11/07/2004 6:40:53 AM PST by numberonepal (Don't Even Think About Treading On Me)
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