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To: ancient_geezer
The issue and superiority of the NRST is not one that allows governent be able to plunder the citizen for more, the issue of NRST superiority is one of personal liberty and empowerment that the NRST provides to citizen not the government and of superior economic performance.
So you want a tax that's easy to evade. Nice. Then the marginal rate has to be higher. Honest people have to pay more. And the economy suffers overall.
318 posted on 11/17/2004 5:30:10 PM PST by Your Nightmare
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To: Your Nightmare
The issue and superiority of the NRST is not one that allows governent be able to plunder the citizen for more, the issue of NRST superiority is one of personal liberty and empowerment that the NRST provides to citizen not the government and of superior economic performance.

This is the United States of America you dunce! That is the way it was supposed to be from the begining and WAS that way until 1913 when this communist inspired monster called the "progressive" income tax came into being!

324 posted on 11/17/2004 6:48:12 PM PST by Bigun (IRSsucks@getridof it.com)
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To: Your Nightmare

So you want a tax that's easy to evade.

Sorry your barking up the wrong tree.

Then the marginal rate has to be higher.

23% max marginal rate of the NRST is just fine against the 40%+ of the income/payroll tax system.

Honest people have to pay more.

Hmmm, the tax burden that a family of four will have at various annual expenditure levels as compared to that same family under the current tax law, (2004 income plus FICA/MC):

 

H.R.25 "The FairTax Act

 

And the economy suffers overall.

http://www.economics.harvard.edu/faculty/jorgenson/papers/baker.pdf

Revised April 12, 1999.
THE ECONOMIC IMPACT OF FUNDAMENTAL TAX REFORM
by
Dale W. Jorgenson Harvard University
and
Peter J. Wilcoxen University of Texas, Austin

This paper was prepared for presentation at the
Baker Institute Conference
on Tax Policy Reform
Rice University Houston,
Texas November 6, 1998


Under the Sales Tax the GDP jumps by 13.2 percent in 1996, but the impact gradually diminishes over time, falling to 9.0 percent in the year 2020.


326 posted on 11/17/2004 7:00:49 PM PST by ancient_geezer
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