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To: Zon
The fiartax would cause a 20% to 30% drop in the price of products and services.

You are dreaming! The prices have never gone down when a National sales tax has been put in place in other countries.

29 posted on 03/03/2005 8:49:23 AM PST by expatpat
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To: expatpat

The prices have never gone down when a National sales tax has been put in place in other countries.

Monkey see, monkey do. Apparently you're a follower not a self-leader.

What countries have a consumption tax for their sole source of revenues. No payroll tax, no VAT tax, no flat tax, just a sales tax. I read the tax threads and no country existing on just a sales tax has been identified. Apparently you know of a couple or few, Which countries?

In the U.S. there's approximately 22% of the price is hidden/embedded taxes.

32 posted on 03/03/2005 9:11:41 AM PST by Zon (Honesty outlives the lie, spin and deception -- It always has -- It always will.)
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To: expatpat
You are dreaming! The prices have never gone down when a National sales tax has been put in place in other countries.

One word: COMPETITION.

157 posted on 03/03/2005 3:45:11 PM PST by Badray (Quinn's First Law -- Liberalism ALWAYS generates the exact opposite of its stated intent., I'll als)
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