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Pastimes : Let's Talk About Our Feelings!!! -- Ignore unavailable to you. Want to Upgrade?


To: Achilles who wrote (48141)8/1/1999 11:59:00 AM
From: Father Terrence  Respond to of 108807
 
Yes. It is a consumption-only tax. The more you consume, the more you pay. It is also a wealth creation approach. The more you save and invest the less tax you pay. I joined the organization almost 2 years ago.

FT



To: Achilles who wrote (48141)8/1/1999 12:01:00 PM
From: Sidney Reilly  Read Replies (1) | Respond to of 108807
 
20%!!!! Are you nuts!!! Let's get a grip here. LOL



To: Achilles who wrote (48141)8/1/1999 12:03:00 PM
From: Father Terrence  Read Replies (1) | Respond to of 108807
 
There is also a "hidden economy" (such as the drug empire, etc.) that currently "escapes" taxation but under a national sales tax, the drug wholesalers, distributors and dealers would also pay taxes on any normal consumer product they bought. This would add many hundreds of billions that are untouched now.



To: Achilles who wrote (48141)8/1/1999 12:08:00 PM
From: Jacques Chitte  Read Replies (3) | Respond to of 108807
 
My $.20:
Yes, but ONLY if ALL other forms of taxation were voided. Current sales, income and "payroll" taxes. Zeroed! Estate taxes. Gas and ciggie excise. Yada yada ...

And not one red cent more than 20%.