Kirk's Market Thoughts Message Board

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Non-Tech : Kirk's Market Thoughts

COHR 181.67

+2.4%

Dec 5 9:30 AM EST

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To: Kirk © who wrote (25366)	8/1/2025 11:27:39 AM
From: WalterWhite	of 26721

Yes all things from milk, diapers, to lambos and homes.... to pay the consumption tax as every exception would be very costly, distort the market. If the tax was 25% to cover gov expenditure (imagine fiscal responsibility!) then the poor would be better off. If they pay 22% federal tax (starts at only $47k) + state, plus state sales tax, hidden taxes (like tariffs etc) then they are ahead. The US tax code, indeed the Trump tariffs, are a metaphor for what is wrong today. Keep it simple stupid. KISS

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