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To: Always Right
But new homes are taxed 30% just like all consumer goods.

This is the exact situation we're in today. THe only difference is that under the nrst, the amount of tax will be itemized when new goods/services are consumed at retail.

Prices will be about the same - it's what folks have been paying all along. Why would that change a buying decision? It will sure make folks mad at gov't spending - that's a good thing.

277 posted on 02/15/2005 6:09:35 AM PST by Principled
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To: Principled
This is the exact situation we're in today.

But that is not the case. That is not the situation. I know my compliance costs, I know my taxes, I know what I pay my suppliers and subs and employees. Eliminating all the other taxes just won't bring my costs down that much. It may for some businesses, but I know my business better than any pointy-headed proffessor and no matter how many times you say otherwise. A NRST will kill the housing industry, end of discussion.

288 posted on 02/15/2005 6:39:48 AM PST by Always Right
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