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To: mil-vet
It seems to me that by eliminating the income tax code and instead using a national retail sales tax, exports would be cheaper and imports would be higher... both good for US jobs. It seems plain to me, but if it will "hose" me somehow, how so?

Also, not taxing any income at all will bring a lot of capital to the US. It seems real to me, but you have some information I need apparently - please share.

103 posted on 07/29/2003 8:46:56 AM PDT by Principled
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To: Principled
Many threads have touted NRST here on FR - I did the math as detailed (ad nauseum, and I'm an engineer, so I KNOW how to do math - LOL), and it costs me more than I pay now, plus it gouges folks with little or no discretionary income; they have to pay tax with every penny of their income since they HAVE to spend it all to live.

Also, claims that things will cost less than before are bogus - the profit mentallity, the same which allows petroleum companies to get 600% profit because we can't do anything about it, will find a way to maximize access to consumer pockets, no matter WHAT tax scheme does or does not exist.

I used to think a flat income tax might be the answer, with a lot more input from STATES to limit federal government spending to ONLY CONSTITUTIONAL functions, e.g., the military to protect the country as a whole, et.al. (welfare of the union stuff). Now I'm not so sure, but it WOULD mean less out of my pocket than the current system AND, as far as I can tell, the NRST system, too!

The biggest help would be to do away with the federal reserve bank, which has nothing to do with "federal", but there are too many rich scumbags (a la the trilateral commission) who wouldn't let that happen. Things might be different if tax money (from whatever source) went directly into the US treasury vaults, instead!

At this point, I really don't have a solution, but sure as hades, I don't want to change one lousy system for another which will cost me even more of MY money!

113 posted on 07/29/2003 9:07:36 AM PDT by mil-vet
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