With your exceptions, the scheme becomes far more complex than the current
tax code. But setting exceptions does not invalidate my point, a GST type
system hits those with less money far harder those with a lot. The only ones
who benefit are the rich. Suddenly no income taxes and just a piddlingly
small amount extra on normal purchases. Nice real nice. I guess the next
thing would be a poor tax, just to pay for a few more overly expensive
b-1b's.
larry
> -----Original Message-----
> From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]]
> Sent: Thursday, September 06, 2001 9:57 AM
> To: CF-Community
> Subject: Re: Reject The Rebate
>
>
> Larry,
>
> That's if you tax everything. If you look at some of the
> proposals out
> there, including the one presented by Alan Keyes during the
> presidential
> election, most exempt food, basic clothing items, etc. i.e.
> things that
> poor people would spend most of their money on. However, the
> idea behind a
> General Sales Tax is not tied to social status or about
> leveling the playing
> field. The belief is that personal independence and freedom stem from
> economic independence and freedom. The more of your own
> money that you are
> allowed to keep, the more control you have over your destiny.
> The income
> tax provides no choices for Americans on how much if their
> own money is
> kept. If the government wants to raise your taxes, then it
> is going to do
> it and there is nothing that you can do about it. Sure, you can elect
> officials that oppose higher taxes, but I don't believe that
> the government
> is intended to have so much power in the first place. With a
> GST, people
> can make choices about how they spend their money and control
> the level of
> their tax burden. If the government raises the GST, then we
> can keep our
> money in protest and send a clear and quick message to those
> that represent
> us that this is too much. It is possible, even under the current tax
> system, that you can lower the tax rate and still increase
> revenues. That
> is even more true under a GST system. If the tax rate is
> lower, then the
> cost of a good is lower thereby creating a demand for that
> good. More goods
> that are purchased, means more money that government will be
> able to spend
> on programs. Fiscal responsibility will reside solely on the
> governments
> shoulders as it should. The budget is $2 trillion (that's
> $2,000,000,000,000.00) and growing. President Bush wants to
> slow growth to
> 4% and the democrats want growth to be at about 11%. You can
> do the math.
> Michael Corrigan
> Programmer
> Endora Digital Solutions
> www.endoradigital.com
> 630/942-5211 x-134
> ----- Original Message -----
> From: "Larry Lyons" <[EMAIL PROTECTED]>
> To: "CF-Community" <[EMAIL PROTECTED]>
> Sent: Wednesday, September 05, 2001 1:35 PM
> Subject: RE: Reject The Rebate
>
>
> > Yep, tax the poor and give to the rich. Truely a progressive taxing
> scheme.
> >
> > A General Sales tax would have a much greater impact on
> those people with
> a
> > lower income than those with higher incomes. Its a basic
> concept. Adding a
> > 5, 10 or 20 percent GST type tax has a much greater impact
> if you are
> making
> > $25,000 per year than if you are making $50,000 or more.
> Rather than give
> > the rich another tax break, how about closing some of the
> grotesque tax
> > loopholes for corporations.
> >
> > larry
> >
> > > -----Original Message-----
> > > From: Lee [mailto:[EMAIL PROTECTED]]
> > > Sent: Wednesday, September 05, 2001 11:17 AM
> > > To: CF-Community
> > > Subject: Re: Reject The Rebate
> > >
> > >
> > > On Tuesday, September 4, 2001 7:21 PM,
> [EMAIL PROTECTED] wrote:
> > > >
> > > >Personally, I favor SSI privatization. The Cato Institute
> > > has a great plan:
> > > >http://www.socialsecurity.org/alternative.html
> > > >
> > >
> > > The Cato Institute is an amazing organization. http://www.cato.org
> > > Take the plan mentioned above and combine it with a national
> > > sales tax for a great future.
> > > http://www.fairtax.org
> > >
> > > Lee
> > >
> > >
> > >
> > >
> > >
> >
>
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Structure your ColdFusion code with Fusebox. Get the official book at
http://www.fusionauthority.com/bkinfo.cfm
Archives: http://www.mail-archive.com/[email protected]/
Unsubscribe: http://www.houseoffusion.com/index.cfm?sidebar=lists
