SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (4605)3/19/1999 6:03:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 81957
 
Pay as you go.

Well that is a logical alternative to economic growth.

Is it okay, though, if I choose not to agree with it? <g>

That would sure lower the tax rate wouldn't it?

Well, I'm trying to run the scenario through my mind and I have yet to figure out how it would impact our taxes.

For one, pay as you go would leave people essentially buying only that which they need and could pay cash for.

There certainly wouldn't be much of a market for houses (we'd all be renting), and gas prices would go through the floor since most of us would be walking.

I'm sorry. I think that most people reading this thread would concur that an all cash society would be rather difficult to fathom, let alone participate in.

Btw, I hate paying tolls. Especially the Jersey Turnpike!!

Regards,

Ron