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To: JayPC who wrote (3215)10/19/2001 3:50:00 PM
From: AhdaRead Replies (1) | Respond to of 24758
 
The expenditures of office workers would decrease in government less costs equal less taxes needed.



To: JayPC who wrote (3215)10/19/2001 4:20:02 PM
From: Don LloydRead Replies (1) | Respond to of 24758
 
Jay -

...What % would the federal GST be?...

The site I referenced called for 23% to replace all other corporate and personal taxes, including the payroll tax.

The question is how much competitive pre-tax prices of consumer products will fall when all the hidden embedded taxes are removed. It is certainly true that a product that costs $100 today will not cost anything close to $123 after a change that replaces all taxes with a single 23% RST.

Regards, Don


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