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To: Always Right

Would American manufacturers be further ahead in the world market, and in our own market, minus the burden of the income tax code?


786 posted on 06/12/2005 12:41:45 PM PDT by EternalVigilance ("Quality of life": Another name for the slippery slope into barbarism...)
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To: EternalVigilance
Would American manufacturers be further ahead in the world market, and in our own market, minus the burden of the income tax code?

There might be some advantage from the sales tax, but since the employees are pocketing 2/3rds of the savings by eliminating the income tax, it is really not as big as a win for American manufactuers as stated. The biggest advantage may be from the sales tax causing inflation and devaluing the dollar even further, making our goods more competitive. But we will be paying more for foreign goods and oil.

794 posted on 06/12/2005 12:50:20 PM PDT by Always Right
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