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Politics : PRESIDENT GEORGE W. BUSH

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To: sandintoes who wrote (743048)6/20/2006 1:40:53 PM
From: DuckTapeSunroof  Read Replies (1) of 769667
 
Am I 'kidding'?

No, not at all.

Multiple taxation is (unfortunately) quite common.

And --- as I'm sure most anyone would agree with --- taxation of inherited wealth is generally considered to have a macro economic effect that is less 'regressive' then, for example, taxes on CONSUMPTION (sales taxes, etc.), taxes on INCOME (triggered at far lower levels then 'wealth transfer taxes' hence, by definition: more regressive), or even TARIFFS, most 'USER FEES', etc.

Of course, as always, the 'devil is in the details'.
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