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Keyword: consumptiontaxes

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  • 9-9-100? Prof Pushes 100% Consumption Tax on Rich

    10/24/2011 7:14:33 AM PDT · by governsleastgovernsbest · 39 replies
    NewsBusters ^ | Mark Finkelstein
    If Herman Cain has been harshly criticized for his 9-9-9 plan, which includes a 9% national sales tax, should we expect Robert Frank to come under fire? After all, on Morning Joe today, the Cornell University professor proposed a progressive consumption tax that could go to . . . 100% on the rich. Frank's notion is that the very high rates would discourage the rich from building "mansions" [a term he used multiple times during his appearance]. And the taxes thus collected could go for things he thinks we need. For example, Frank incredibly claimed that in the US, "we...
  • Sales of Boortz book spike as interest in fair tax increases

    08/20/2005 11:40:22 AM PDT · by Turbopilot · 77 replies · 1,811+ views
    Atlanta Journal-Constitution ^ | 8-20-2005 | Matt Kempner
    The self-proclaimed High Priest of the Church of the Painful Truth is power-walking through Concourse B at an impressive pace for a man limping on a recuperating knee. He's on a scouting mission: Are shops at Hartsfield-Jackson International Airport stocking his latest book? Is he curious? In need of an ego boost? "Revenge," he says in a voice Atlantans might recognize as either a jolting cold shower of meanness or an invigorating brew of straight talk on the radio. Neal Boortz is a New York Times best-selling author. So, as Boortz loves to say on air, "Bite me." His literary...
  • Consumption taxes are not the answer

    05/28/2004 12:27:11 AM PDT · by JohnHuang2 · 183 replies · 295+ views
    TownHall.com ^ | Friday, May 28, 2004 | by Bruce Bartlett
    Two tax issues seem to be getting a lot of discussion on the Internet these days. First is a big increase in the gasoline tax in order to discourage oil consumption and make the nation less vulnerable to the OPEC oil cartel. Second is the idea of replacing the Social Security payroll tax with a progressive consumption tax. Both have serious flaws. The idea that a higher gasoline tax will help our energy situation is ludicrous. All European countries have far higher gasoline taxes, and they are just as vulnerable to increases in the price of oil as we are....