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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: chaz who wrote (18400)	2/22/2000 10:33:00 PM
From: Rick	Read Replies (2) of 54805

had a discussion at lunch today with two fellows who did some talking about the advantages we might enjoy with a national sales tax. The only real problem I have with a national sales tax is that our present savings will have been taxed twice because of the effects of the change-over. First, we already paid a tax on the wages etc., we used to build up our savings under the present system. But when the change-over to a national sales tax comes into effect, our savings will be taxed again when we spend them. - Fred

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