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To: RKV
When someone answers you, ping me because I can't get an answer to that either.

They need to call this not the NST, but call it the "screw the anyone who saved some money tax."

102 posted on 11/03/2004 12:00:25 PM PST by FreedomCalls (It's a joke, people!)
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To: FreedomCalls
What about money I've already accumulated as after-tax savings?

For example, $130,000 income. You pay $30,000 income tax. You spend the remaining $100,000 on five cars that cost $20,000 each. The $20,000 includes roughly $4,500 in hidden taxes passed on to you from the chain of suppliers to manufacturers to delivery/transport to car dealer.

Spending that same $100,000 under a NRST you'd pay about $15,500 for each of five cars -- $4,500 of hidden taxes have been eliminated --totaling $77,500 and fork over $22,5000 for the NRST. Your $100,000 savings goes just as far with a NRST as it does with the NRST.

123 posted on 11/03/2004 12:26:14 PM PST by Zon
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