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


To: CYBERKEN who wrote (600142)8/5/2004 1:37:03 PM
From: Wayners  Respond to of 769670
 
This is a huge reason. You won't see Kerry supporting any such thing.

European countries, however, rebate their tax burdens to the employing companies, thereby giving them a competitive cost advantage on the world market. “Our widgets have a tax burden,” says Hastert. “Their widgets don’t.”

His tax-reform paradigm looks like this: “For us to return capital and jobs to the United States, we’re going to have to change our present tax system and adopt a flat tax, a national sales tax, an ad valorem tax, or VAT. . . . it’s one of the most important things we can do over the next few years.”