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To: No Mo Mo who wrote (59)	11/7/2000 12:26:41 PM
From: HairBall	Read Replies (2) \| Respond to of 595

No Mo Mo: I am not implying that luxury items should be taxed at a higher rate. The tax rate should be the same for all taxable items. Noting that certain necessities such as food, health care, etc would be non-taxable. I suspect that housing and utilities would be non-taxable up to a limit, so all the necessities are covered. Then all taxable items should be taxed at the same rate. Then folks can make decisions as to how much tax they want to pay by simply deciding on how much of a taxable item they choose to buy or whether or not they choose to buy the more expensive items For instance, someone decides to buy a BMW instead of a Ford Focus makes the decision up front to pay more taxes because the BMW is more expensive. Of course a consumption tax takes spending, investing and savings control out of the hands of the governing bodies and puts it back in the hands of the people. The governing bodies will have to learn how to be physically responsible, like the rest of us. Regards, LG