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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (180799)1/17/2004 11:26:30 AM
From: Road Walker  Read Replies (3) of 1576158
 
DR,

re: The concept has a certain appeal, so people could truly see what some of the liberal spending programs have done to this nation.

And Republican spending programs. Actual spending usually goes up more under Republican administrations.

re: But since the Kennedy administration, tax policy has been a key element in controlling social policy and the economy. It is far bigger than merely the collection of the revenue.

And you support that?

re: That said, I would love to see the Income, Social Security, Medicare, Estate, and Gift taxes replaced by a single National Sales Tax -- the flat rate for which would be varied annually according to the revenue that needed to be raised.

A national sales tax or a VAT? A VAT would at least get corporations paying their fair share, and it's the French way, which I'm sure appeals to you.

But taxing consumption in a consumption driven economy, IMHO, is crazy. Sure path to a recession, if not worse. You like the idea because you could bleed the working (and non-working) poor. We could probably put 10% homeless, a good thing, right?

John
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