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To: So Cal Rocket

It would "catch" the painter on the spending side, same as you and me. It puts us on equal footing with the underground economy.

Note that most estimates of NRST rates don't tak ethe underground economy into account.

If the 15% in the article is right, NRST could be significantly cheaper than current estimates. I suspect the 15% is low, especially with all the illegal immigrants we have nowadays.


37 posted on 04/13/2005 12:26:36 PM PDT by eno_ (Freedom Lite - it's almost worth defending.)
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To: eno_

It would "catch" the painter on the spending side, same as you and me. It puts us on equal footing with the underground economy.

Note that most estimates of NRST rates don't tak ethe underground economy into account.

If the 15% in the article is right, NRST could be significantly cheaper than current estimates. I suspect the 15% is low, especially with all the illegal immigrants we have nowadays.




I'm afraid I'll have to burst your bubble, but since money spent on "illegal services" would not be taxed as consumption you have come no further than you have in not taxing the same transaction as illegal earnings.

The consumption tax paid by illegal workers would make up for the tax not being levied against legal workers purchasing illegal services.


49 posted on 04/13/2005 1:01:51 PM PDT by Somewhat Centrist (pun intended)
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