Quote:
Originally Posted by rubicon
It is difficult to have an indepth discussion about a proposal that if seriously considered would have so many re-drafts that by the time pols get done with ot yu wouldn't recognizemit from the original. Again as it stands now reitrees would get beat up with this plan in part becaise it would amount to double taxation.
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Except for the fact that their federal tax on income would be cut; in some instances by a substantial amount.
the "double taxation" would be self imposed by their consumer activity, but they start out with more available funds to do this.