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Politics : PRESIDENT GEORGE W. BUSH
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To: DuckTapeSunroof who wrote (700938)9/9/2005 9:19:44 PM
From: Peter Dierks  Read Replies (3) of 769670
 
"Every economist I've ever heard of ascribes a higher velocity to the money left in people's hands because it's untaxed by income or sales taxes... then to that untaxed by estate taxes."

Again you avoid the issue. Do these economists ascribe a higher velocity of money once it has been impounded by government or left in the hands of taxpayers? We both know the answer; the money left in the hands of people has a higher velocity, thus benefits the economy more. The immoral death tax must be abolished.
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