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Dave Hall
 
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On Tue, 09 Nov 2004 14:14:48 -0500, thunder
wrote:

On Tue, 09 Nov 2004 13:15:56 -0500, Dave Hall wrote:


Items such as food, clothing, medicine, and other essentials could be tax
exempt or taxed at a significantly smaller level (say the current 6%).

"Luxury" items, such as mega-yachts, private aircraft, exotic vacations,
etc could be taxed at a higher rate, which could then be used to offset
the tax rate for other consumer goods.


And out the window goes a simplified tax code. ;-(


How so? These items should be easily identified. Food and care items
are a no-brainer. What constitutes a "luxury" item can be set by the
purchase price.

Dave