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To: tgusa
The tax policy of the new administration should be tax on consumption - period. That would be the fairest way.
5 posted on 11/03/2004 10:45:32 AM PST by Raffus (Thanks to all Veterans for their service to our Country.)
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To: Raffus

AMEN! The time has come for a National Sales Tax!


6 posted on 11/03/2004 10:47:16 AM PST by Blue Highway ("Vote early, vote Democrat, and vote often" - sponsored by Democrats for Voting Fraud)
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To: Raffus

So if I work hard and save my after tax money then I get taxed AGAIN when I spend it? Not saying I have the answer, but that appears to be double taxation to me.


7 posted on 11/03/2004 10:47:49 AM PST by RKV ( He who has the guns, makes the rules)
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To: Raffus
A National Sales Tax would be suicide. It may be the "fairest" way but fair and practical are two different things. The first thing that would happen with enacting a National Sales Tax would be a spending spree followed by a collapse when the tax goes into effect. The tax would be high and would inhibit consumption which in turn would wreak economic havoc.

Collection would be onerous as businesses deal with local, state and then federal sales taxes. The tax would be especially regressive so consideration would have to be given to exempt lower income folks. Now we start to get complicated again. Etc, Etc, Etc.

Better yet would be a Flat Tax. You fill out a postcard that says I earned this much and owe this much. If my earnings are less than, let's say, $36,000 I just enter 0. Above that a calculator, ball point pen and stamp are all that is needed. Oh, someone has to collect it. Sure. We can scale the IRS down from tens of thousands of employees to a few to collect and post the tax. That's it

131 posted on 11/03/2004 12:35:34 PM PST by gesully (gesully)
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