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"DSK" wrote in message . .. "John Gaquin" wrote... I disagree here, Doc. I prefer to see a national consumption tax of about 10%, coupled with total repeal of any income tax. That doesn't seem like it's going to bring in anywhere near the same revenue. Unless you are also going to chop off at least half of the current gov't expenditures, this is just a pie-in-the-sky dream. One problem I have with having the Feds put on a consumption tax or an ad-valorum tax or whatever is that it is a serious brake on the economy. The web of VAT is choking the European economies, we should observe and learn and do better. NOYB wrote: .... I was promoting a flat tax that phases out at a certain income level. Ahem... that is a progressive tax, you darn socialist. If you hadn't snipped the part where I said "...just to be "fair" to our Democratic colleages", you'd have known that I was fully aware that it's a progressive tax...but was trying to find *some* common area in which both sides could agree. |
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