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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Bill who wrote (24415)	7/13/2000 2:59:00 PM
From: Father Terrence	Read Replies (1) \| Respond to of 769667

I certainly hope that is not the case. If it is, we'll never be able to get a sufficient number of American's demanding it. FT

To: Bill who wrote (24415)	7/13/2000 6:45:53 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 769667

Alright, please elaborate on how a consumption tax pertains to these purchased items. Say the consumption tax is 10% for simplicity. 1. Rent of $1200/month 2. Purchase of home for $500K, $100K down 3. College tuition at Stanford, $120K 4. Purchase of investment property $250K, $50K down 5. Purchase of 1K msft stock on margin, $80,000 total purchase with $40K up front. 6. Daytrade, buy $50K stock - sell $55K for $5k gain 7. Daytrade, buy $50K stock - sell $45K for $5k loss