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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (153375)	10/15/2002 4:53:17 PM
From: Joe NYC	Read Replies (1) \| Respond to of 1585247

Tim, In Europe, VAT includes food. I am not sure about medicine. But the key is to have no exceptions, otherwise it is not worth bother. We already have a tax code full of exceptions. Joe

To: TimF who wrote (153375)	10/15/2002 5:39:05 PM
From: i-node	Read Replies (1) \| Respond to of 1585247

Would you include social security as part of the national sales tax or would the current SS tax remain? Also would you exlude food and medicine in the national sales tax? If it were my decision I'd include SS/MC as part of NST. This allows you to dispense with a HUGE bureaucracy having to do with administration of these taxes. One of the main advantages of NST is that you cut the number of "taxpayers" to about 1% of the current number, with a corresponding decrease in the administrative version. I, personally, would exclude food and medicine the way many states now do. And perhaps some other essential items -- rent, residential utilities, etc.