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To: Poohbah
I don't know. I never had time to read it- too busy being forced into reading BS books on "cultural anthropology" and equally inane, useless tripe. Such is the way, when you go back to school as an adult to (hopefully) increase your earning potential. It would have been better, if I'd gone to college straight from high-school; it might have been easier to believe the shit they try to pass off, with a straight face...

You and I have certainly had our disagreements about income taxes. But on this topic...? Where do you stand on this issue?

5 posted on 05/01/2002 5:36:25 PM PDT by Capitalist Eric
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To: Capitalist Eric
Any disagreement we have on taxation is over the basic constitutionality thereof. My take is that the income tax is an obnoxiously stupid way to raise revenue; however, I do not conflate the terms "obnoxiously stupid" and "unconstitutional."

I support a retail sales tax (it is far better to tax people on consumption than on production), with a constitutionally mandated cap (my proposed cap: 10%) that may be breached only during a state of declared war. Said breach of the cap would require a 3/4ths vote of both houses of Congress to implement. Upon termination of hostilities, the cap goes back into place. The tax shall be clearly enumerated on the sales receipt.

10 posted on 05/02/2002 9:28:17 AM PDT by Poohbah
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