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


To: TimF who wrote (372297)2/28/2008 1:26:05 PM
From: Joe NYC  Respond to of 1583764
 
Tim,

Imagine you've paid income tax on your income over the years, but have been diligent and saved a sizeable nest egg from your after tax income. Now as you begin retirement, the government shifts to a consumption based tax...

That's an excellent point. I don't have the answer, but in general, if something is a good idea, difficulty of transition should not kill it.

Joe