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To: Tumbleweed_Connection

I'd like to know more about this. In principle, I like the idea.


2 posted on 12/01/2004 8:26:49 AM PST by Armedanddangerous (I'm not sorry)
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To: Armedanddangerous

Sounds like the average person would have to consume 23 percent less. How will that help our economy?


6 posted on 12/01/2004 8:29:38 AM PST by DTaggart
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To: Armedanddangerous

Yeah, like, is that 23 cents to each dollar spent? Or for each item purchased regardless of item cost?

I like the idea.


10 posted on 12/01/2004 8:31:48 AM PST by kx9088
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To: Armedanddangerous

http://www.fairtax.org


19 posted on 12/01/2004 8:38:22 AM PST by concretebob (Power perceived, is power achieved)
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To: Armedanddangerous
I do not. Can you imagine a pair of shoes at Payless Shoes for 25 dollars will now cost 25 X (23.5% +8.5% state tax) $33. Good grief... The feds are also talking about adding the tax to everything..food (oh come on now) housing ...thats an increase in the cost of 23.5%
Flat tax..studies I have read have said that the first 50K could be exempt and 12% on everything over that would fund the government with more cash than they have now and eliminate the deficit in a few years and then the slow elimination of the debt.
OK sorry for the rail..
22 posted on 12/01/2004 8:40:03 AM PST by roylene
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To: Armedanddangerous
Proponents seek a 23-cent national sales tax on all retail goods, everything from groceries to clothes, cars to electronics. Everyone would pay the same rate, which critics argue is part of the problem.

First of all 23% is the beginning of the lie.

The 23% rate is actually 30% in sales tax terms.

A 100.00 item before the federal sales tax would cost $130.00 out the door price.

$30.00 (federal sales tax) is 23% of $130.00.

84 posted on 12/01/2004 9:11:49 AM PST by lewislynn (The meaning of life can be described in one word...Grandchildren)
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To: Armedanddangerous

With people getting all of their wages each check and watching their spending millions of Americans can get themselves out of credit card debt. Once out of debt these people can then save or buy more goods. I think it would really jump start the economy.


96 posted on 12/01/2004 9:24:53 AM PST by upier (Stop Child abuse - Teach your children English!)
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To: Armedanddangerous

This should only be conditional with the repeal of the 16th Amendment. Or else we will have both.


139 posted on 12/01/2004 10:17:48 AM PST by KC_Conspirator (I am poster #48)
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To: Armedanddangerous

I like the idea of no federal taxes at all.


184 posted on 12/01/2004 11:51:12 AM PST by JesseHousman
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To: Armedanddangerous

Anyone who thinks that this will REPLACE income tax is naive. If it gets passed we'll end up with both.


190 posted on 12/01/2004 11:55:37 AM PST by from occupied ga (Your government is your most dangerous enemy, and Bush is no conservative)
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To: Armedanddangerous

This idea is one of those ideas that sounds good in theory but I fear will be a disaster to implement. Most communities pay anywhere from 5-9% in sales tax already. So, we are talking not about a 23% tax but a 28-32% tax on a $30,000 car? You mean I pay $10,000 tax to buy a new car? Forget about it. The large ticket items will grind to a halt.


454 posted on 12/02/2004 7:43:45 PM PST by Tennessean4Bush (An optimist believes we live in the best of all possible worlds, a pessimist fears this is true.)
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To: Armedanddangerous
Z.OI'd like to know more about this. In principle, I like the idea.

Trouble is that W. wants to do what is right and turn Washington around on a dime, and that isn't going to happen. I'd love for W. to truly get behind and champion a National Sales Tax. I think ALL the people (or most) would support him! The media needs to wake up. Camelot of the 21st century has arrived in the footprint of George W. Bush!
603 posted on 12/03/2004 7:42:28 PM PST by demkicker (I'm Ra th er sick of Dan)
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