>At 02:35 25/02/99 , Barry wrote:
>>As people become more adept at working together without all being located
>>in the same place, and long distance telecommunications grows even less
>>expensive and more powerful that it is now, businesses will be composed of
>>individuals dispersed around the world.
>>
>>Now try to figure out how to tax their economic output.
>
>Ever heard of a retail sales tax? Or goods and services tax? Value added
>tax? The tax base will switch to consumption based taxes levied at the
>point of purchase.
Franko, I agree that is one approach, and it is commonly used in many
countries. However, in the USA, this sort of tax has always been strongly
resisted by the citizens. Sure, many states (though not all!) have
sales/consumption taxes. But they are generally relatively modest compared
to many European countries and Canada.
In a democracy, it can be hard to get the citizens to agree to new taxes
they are not used to. And this is going to make it difficult for some
govts. to replace lost revenue.
Barry
--
Barry Lee Brisco <mailto:[EMAIL PROTECTED]>
Web Design & Development - Online Marketing <http://www.ToTheWeb.com>
Web portfolio at <http://www.ToTheWeb.com/portfolio.html>
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