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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: chaz who wrote (18434)	2/23/2000 8:52:00 AM
From: Justin C	Read Replies (2) \| Respond to of 54805

Re: National Sales Tax I like the notion of replacing the income tax with a sales tax. But there must be a provision to protect our existing after-tax assets from the double taxation that will occur with a sales tax. After-tax home equity and other assets will ultimately be "spent" by us or our heirs, resulting in the same double taxation that will occur when we spend our after-tax checking and savings accounts after a sales tax becomes effective. Double taxation in any amount is wrong and must be fought.