> Adam wrote: > First, I think that, at first at least, the Fair Tax would damage the > economy in every corner of America. When people see the $500 refrigerator > they want cost them $650, I think they will either put off the purchase, buy > a lesser product, or just decide against it entirely.
Just a random thought on that ... I know lots of people that think their tax return is a windfall; each year they plan large chuncks of consumer spending around what they get refunded. Vacations, that new refrig, et al. The Fair tax would eliminate that and that would probably mean that lottery ticket sales would go up, clubs and bars would see a biz increase, Starbucks might benefit, etc but large purchases would fall. Not sure of the impact of that, but it seems like it would be adverse. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;160198600;22374440;w Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:253296 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
