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To: Hawkmoon who wrote (36965)	8/27/2012 9:00:08 AM
From: robert b furman	2 Recommendations Read Replies (1) \| Respond to of 218584

HI Hawk, The big boost that VAT get is a brodened base. In Texas new car dealers were taxed on the new and used inventory at year end. The tax was gamed by hiding vehicles on satellite lots/farms. Instead an inventory tax was made on all sales and the state tripled the revenue. There is a vast underground economy of people doing side jobs on unemployment - taxing drug dealers and hookers. The base is huge and a small tax would be a government windfall. JMHO Bob Think of taxing the billions in just the drug trade as an example.