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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: dogman who wrote (2341)12/8/1997 7:46:00 PM
From: Boca_PETE  Read Replies (1) of 42834
 
Dogman:
RE "what if there is a national sales tax? No more income tax !"
A national sales tax would be an unmitigated disaster. You earn and save mostly after-income-tax money most of your working life. Then comes the national sales tax. Congratulations. Now you get to pay sales tax when you spend your already taxed earnings. Not very fair to those who've saved all there life for a comfortable retirement. Hopefully, GREY POWER will stop this bad idea in its tracks.

P
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