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To: Myrddin

HR25, a very interesting proposal that would help a great deal.


555 posted on 11/11/2005 9:13:51 AM PST by CSM (When laws are written, they apply to ALL...Not just the yucky people you don't like. - HairOfTheDog)
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To: CSM
HR25, a very interesting proposal that would help a great deal.

I think NRST is a red herring. It would immediately devalue my after tax savings by at least 23%. The NRST includes a significant income stream derived by the government paying NRST on governnment purchases. Where does the government get money? From NRST? Oops. A cow sucking on its own udder. That is a real big hole in the purported revenue stream. Not to worry. The politicians will find some means of recovering that money by expanding the scope of what NRST can tax. Your monthly rent. Your 'imputed' rental income from living on your own property instead of renting to someone else. The end result is the same. Enormous amounts of your labor will be taxed to fund all the good deeds that policians must do to get elected.

566 posted on 11/11/2005 10:03:39 AM PST by Myrddin
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