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To: ancient_geezer
Another interesting reply! Thanks! I had missed the "tax only once" part - that's HUGE, since in the current system, the same money is taxed SO many times!!

The 23% is the figure I had always seen, but wasn't sure that was the ONLY level. Also, by your description (which is much easier for me to understand than the "legaleeze" of the proposal), I wouldn't be paying taxes on as many types of expenditure as I had thought (e.g., not on education costs).

Thanks for explaining instead of flaming! I'm a summa cum laude engineer and, I guess by stereotypical definition, have the damnedest problem reading and understanding the language used in contracts, court documents, government bills, etc.!! Give me Maxwell's equations instead.....LOL!!

1,071 posted on 11/13/2002 1:14:59 PM PST by mil-vet
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To: mil-vet
I'm a retired programmer, legaleze is worse than hmmmm, come to think of it there is no worst than, its in a class all its own ;O)
1,072 posted on 11/13/2002 3:22:46 PM PST by ancient_geezer
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