[Copernicus]

This means that of the $200,000 paid, $154,000 goes to the seller, and the Gov't receives $46,000 in tax.

It will be a ONE TIME FEE. As compared to the constant annual assessment on the fictitious entity known as "income".

Over time with the boost in productivity and wealth gained from the release of unproductive capital currently locked up in the tax code people will learn "government governs best that governs least"

Best regards,

[Willie Green]

As compared to the constant annual assessment on the fictitious entity known as "income".

If "income" were a "fictitious entity", you wouldn't be squawking like a masterbating monkey about it being taxed.

INCOME: Revenue earned or received by households that can be used for consumption or saving. For the aggregate economy, earned income is termed national income, while received income is termed personal income. The key is that income for the aggregate economy is generated in the production of goods and services.

[Centurion2000]

It will be a ONE TIME FEE. As compared to the constant annual assessment on the fictitious entity known as "income".

And what abour property tax ? Is that going to go away ?