To: jimkress
Want to revitalize economy and make Americans richer? Kill the income tax
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The economy will not be revitalized as long as industries are being shipped out of the country hand over fist.
4 posted on
11/17/2002 9:18:39 AM PST by
RLK
To: RLK
"The economy will not be revitalized as long as industries are being shipped out of the country hand over fist."
A flat tax would stop them from leaving. Taxes and regulation is what they are escaping from.
To: RLK
"The economy will not be revitalized as long as industries are being shipped out of the country hand over fist."
What, you didn't understand all those lectures about how it is better to buy cheap goods from overseas than make them here? I am sure there is no need to worry in time of war, when we have to fight China we will just buy our weapons from China, see how simple it all is?
To: RLK
The economy will not be revitalized as long as industries are being shipped out of the country hand over fist. The issues are related. Russia has a 13% flat tax these days. China's fiscal burden of government is 2x lower than the United States (and they are pushing for flat tax reform).
To: RLK
Industry and jobs will return to America just as soon as we replace the income tax with a National Retail Sales Tax.
It is an old poll, but the Princeton Economic Institute surveyed some Japanese firms in the 1990's and asked what would be their reaction to a US NRST.
The response? 80% said they would locate manufacturing facilities in the US and 20% would move their headquarters to the US.
The NRST will cause the US to become the economic sponge of the world.
38 posted on
11/17/2002 4:44:44 PM PST by
Taxman
To: RLK
spit it out!
Wotz yer point?
NO SOUND BITES! no one liner's
NO CLICHE's and no cleaver ccccuuummmbacckkks ! dam it!
I'm trying to have a conversation with U! AND KNOT BE RUDE!
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