To: ovrtaxt
It ain't just real estate, it's ALL your private property, cars, machinery, TV...everything.
14 posted on
06/24/2005 5:20:22 AM PDT by
Roccus
(The collective has started.)
To: Roccus
it's ALL your private property, cars, machinery, TV...everything. As a practical matter, it would have to be taxable and that would mean voluntary inventories except in the case of what they can discover in bank accounts or anything bought on credit or debit cards. The local gov'ts would probably not have the resources to track down transactions in such detail. A sales tax is about all they can muster, although they try luxury taxes sometimes.
45 posted on
06/24/2005 6:48:13 PM PDT by
RightWhale
(withdraw from the 1967 UN Outer Space Treaty)
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