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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (109122)9/14/2007 12:42:33 PM
From: Freedom Fighter  Read Replies (1) of 132070
 
KT,

>My point is, if you have a consumption tax nationally, rich folks will make big purchases in other countries. Then, without huge customs taxes, they would once again rip off the working Americans. <

Obviously, I don't have a staff of economists working out the details, but the way I see it it rich folks are always trying to find ways around taxes regardless of the type. I see no problem with closing that loop hole with a huge customs tax.
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