[sitetest]

Dear N3WBI3,

The NSRT is designed to be revenue neutral. Thus the overall effect, at least initially, is that folks will have the same purchasing power as before.

My own thinking is that some folks will come out a little ahead, and some a little behind, some folks will be big winners, some big losers. But for there to be revenue neutrality, it's got to even out across the board.

The proponents of the NSRT assert that there would be significant growth due to changing to the NSRT.

Maybe.

But the whole point of what RobFromGa did was to ascertain from the man who developed the economic model on which the NSRT is based whether folks would enjoy an immediate increase in purchasing power. The answer is, no, on average, people would not.


sitetest

[N3WBI3]

sitetest,

I agree in the beginning you will not see people who were struggling yesterday living the life tomorrow. To me its more a principle thing... Do we want to tax production or consumption? thats really what this is about, Am I to be punished for working harder and making more money? or should my monetary contribution to society be with what I spend, not with what I make?