[groanup]

Taxes=lower GDP

This is a snip from today's WSJ and it is on a pay site. You get the idea anyway.

[groanup]

Sorry, the link's bad. Should be:

http://online.wsj.com/home/us

[Remember_Salamis]

The Economist (pay articles) ran a series of articles on the Global Flat Tax Revolution a few months back. I posted most of them, so search my articles.

[seppel]

Unfortunately our opportunistic, Muslim-hugging playboy prez. Schröder ripped the flat-tax plan of the conservatives (developed by Germany Supreme Court judge Prof. Kirchoff) and by doing so managed to get his bunch of crony socialists into a grand coalition. German population does not want it even if it works in Switzerland and Czechoslovakia.

The joke is the Czech finance minister got his primary ideas of Prof. Kirchoffs website. But Schröder maintains it cannot work!

You need the right population for it. Germans like their gov. handouts too much - 41% are on the dole in some way or another.

[ancient_geezer]

Interesting they don't mention the fact that in the EU, "Flat Tax" comes down to a wage tax with VAT.

Nor have I seen anything in the MSM about Russia being on its way to the next step in their transition towards a visible and open sales tax system. Seems they are in the process of scrapping their VAT and going to a straight retail sales tax instead.

NOVISTI
9-29-2005
http://en.rian.ru/business/20050928/41534170.html

• MOSCOW, September 28 (RIA Novosti) -- Head of the Russian Presidential Administration's Expert Board told journalists Wednesday on the sidelines of an investment conference in Moscow that the new sales tax instated to replace VAT will not be introduced before 2009.

• "The projections have been made and the text (of the proposal) is ready," Arkady Dvorkovich said, referring to the proposals that will be submitted to the cabinet.

• VAT and sales tax are variations of turnover tax, but, whereas VAT is collected as a product moves down the line from producer to end consumer, sales tax is a consumption tax that is collected only once, at the point of purchase.

Is Russia followed by Europe, on its way to actually implementing the potential of National Retail Sales Tax only systems before us?

[ancient_geezer]

A Taxreform bump for you all.

If you would like to be added to this ping list let me know.

John Linder in the House(HR25) & Saxby Chambliss Senate(S25) offer a comprehensive bill to kill all income and SS/Medicare payroll taxes outright and replace them with with a national retail sales tax administered by the states.

H.R.25,S.25
A bill to promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national retail sales tax to be administered primarily by the States.

Refer for additional information:

• search: "national sales tax" OR "national retail sales tax" OR "fairtax"

[ShadowDancer]

Well, this is definitely going to shorten my cruise around the world.