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Politics : PRESIDENT GEORGE W. BUSH

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To: Oral Roberts who wrote (126933)2/14/2001 5:13:21 AM
From: JDN  Read Replies (1) of 769670
 
Dear Jeff: IMHO the VERY BEST tax would be a V.A.T. (value added tax which is basically a fancy sales tax). This would cause EVERYONE who buys anything to contribute. I have just forgotten the numbers but I have read there is a tremendous amount of UNDERREPORTING of income. This would eliminate that. I am sure some method could be devised to pay back to poorer people some portion of their VAT. JDN
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