The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Skeeter Bug who wrote (13912)	9/24/2003 8:07:02 PM
From: Tommaso	Read Replies (1) of 306849

But it DOES give you some control over your taxes. You can choose to save and do without, and invest what you have left, whereas with income taxes the government takes more the harder you work. You can buy a six-year-old Toyota Corolla and get economical transportation and pay almost no taxes---or you can buy a brand new Lexus SUV and pay $10,000 in taxes (with value-added consumption tax). But there are inequities under any system. In the United States you can buy a quite usable washing machine and drier to do all a family's clothes for about $500. In Europe, the VAT makes that cost twice as much. I can adjust to either system.

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