Re: Fair tax. 23 cents tax on every sales purchase. What do you think of it?
I fear that Russ, Steve, and others are correct in that there would be too much opposition to get this implemented. Rule # 1 of government is "Protect thy rice bowl" so everyone is going to fight it.
Re the increased price on new luxury goods, like Tal's HDTV, in theory the elimination of the many taxes paid throughout the production, shipping, and sale of the item would be reflected in a lower pretax price. The key is that all those taxes must be eliminated for the system to work. With the economic and social class warfare this country is now experiencing, I don't see how the program could ever muster enough universal public support to be implemented.
__________________
Kansas City, MO; Alamo & Albuquerque NM; Quad Cities; St Louis; DC ~ NOVA; Nuernberg; Heidelberg; DC ~ NOVA; Liberty Park ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Life is like a sewer. What you get out of it depends upon what you put into it.
~~~~~~
And it's Munc"L"e, not Munc"I"e
|