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Politics : Formerly About Advanced Micro Devices
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To: hmaly who wrote (164535)3/17/2003 1:10:55 PM
From: SilentZ  Read Replies (2) of 1574254
 
>Frankly, I am in favor of a VAT type tax. We should tax consumption, rather than production. No deductions, but rather a payback allowance for people under a certain income level. Then, most of the taxes would be paid by businesses, as each time a product moves through a production cycle, or is sold, it will be taxed. The gov. would get its money, without all of these ridiculous tax laws, and people would really feel it, as businesses would pay most of the tax, before the consumer sees it.

And the business would just raise the prices of their products to pay the taxes.

-Z
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