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To: expatpat

I lived in New Jersey when the state was in a financial crisis. The voters were told that we needed an income tax or a major boost to the sales tax. There were people pushing for each option. Each chose their arguments based on their own finances, and both sides had good arguements.

So who won?

The government. After campaining against the income tax, Spendi Brenden was elected governor and promptly instituted BOTH taxes. Politicians exist for one reason, to take your money.


296 posted on 06/10/2005 2:39:21 PM PDT by Marak
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To: Marak

Yes, I have two concerns, beyond the outrageous claims made by the FT proponents: (1) we get both FT and IT (the FT fans claim that the IT will be legislated out, but that can be reversed in the blink of an eye, since the 16th is not repealed), (2) a depression caused by the reduction in consumer spending when the NSRT goes on (or by the layoff of about 12% of the working population if you believe the NSRT fans' claim that there is $600B of labor which becomes unnecessary when the IT stops).


301 posted on 06/10/2005 2:48:17 PM PDT by expatpat
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