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To: Iwo Jima
That's absurd! Established retailers will be forced to "cheat," to use your term, to compete with the black market, to say nothing of "The Little Shop Around the Corner" that sells "used" goods without the 30% tax which may not be exactly "used" in the traditional sense of the term.

So in your dire world a black market operates almost with impunity. Everybody is involved. Sheesh. At what point do you think we run out of used goods or do you think we call live forever off of each others cast-offs?

324 posted on 02/15/2005 8:28:44 AM PST by groanup (http://www.fairtax.org)
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To: groanup
At what point do you think we run out of used goods or do you think we call live forever off of each others cast-offs?

For all practical purposes we would never run out of used goods. A new shirt that cannot be sold today becomes tomorrow's used shirt. A missing button has increased its value by 30%.

All land is used,correct? I don't know that they are making any more of the stuff, leaving aside lava from volcanoes. So any house which is sold would have to be apportioned between the value of the land versus the value of the new home on the used land. And you think that this is going to be simple and straightforward?

Every buyer and seller would agree that that sales price of the land was the bulk of the total purchase price. Oh, that house was really just thrown into the deal, I sold that to him for my costs.

And so on, until we are right back where we were, but in my opinion much worse off.
341 posted on 02/15/2005 9:00:40 AM PST by Iwo Jima
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