🚀 go-pugleaf

avram.r.vener (rudy@cbnews.cb.att.com) wrote:

[snip]

:    The personal and corporate income taxes, estate and gift taxes and all
:    non-trust fund dedicated excise taxes are repealed.
:     
:    No tax shall be imposed on any good or service:
:      * purchased for resale;
:      * purchased to produce a good or service for resale; or
:      * exported from the United States.

I love it!  That is, I WOULD love it if I were a manufacturer, wholesaler,
or retailer.  Profit heaven - no corporate taxes, and I don't pay any tax
on my materials or products!  Fantastic!  And the consumers get stuck with
making up the shortfall!

I have a sneaking feeling there are the fingerprints of a few corporate
lobbyists on this bill.  It's a comfort to know it won't get anywhere, but
if it really is proposed in Congress my already poor opinion of our
legislature drops another few notches.

 
==========================================================================
Andy Quintana 			O-			cynical@clark.net
		 http://www.clark.net/pub/cynical
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