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To: Sprite518
Please study supply side economics.

I understand "basic" supply side economics quite well, thank you. As well as the "Laffer Curve". I was locally involved in Ronald Reagans' first election campaign in the 1980's. I do have a college degree. In my first five years of business, I have often paid all my employees, paid the rent/light/water/gas bill and then had to personally live off my credit card until the contract was fulfilled and my company paid. How many of your employees checks have you signed, how many of your suppliers have you begged to add modest interest to your past due bills for materials until you receive payment from your customers?

I think a lot of you are like virgins at a wedding shower. You offer a lot of advice and opinion, which you are certainly free to do, but you haven't actually done "IT". Your tax schemes are too simple without restraint and privacy provisions and taking into account the complicity that the states will have in any tax system.

167 posted on 11/19/2004 9:26:00 AM PST by elbucko ( Feral Republican)
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To: elbucko
Privacy provisions? What do you mean without restraint? The government controls the purse strings.

Yes it is that simple, but when you give it to government all they do is complicate a simple process. They do this so people like you will accept it since you do not understand it. I don't care if you were CEO of a company. That does not qualify you understanding economics. You may understand what the government tells you do something, but that does not mean you know why, and is this the best way. Perhaps you should live a dictatorship? That way government can take care of all your needs. Hopefully, it would be a benevolent dictator.
176 posted on 11/19/2004 9:55:54 AM PST by Sprite518
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