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Article #508

Re: National Sales Tax - An Alternative?

#508
From: Travis Corcoran
Date: Mon, 11 Dec 1995 00:00
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In article <ca7cb$b1721.b3@news.sisna.com> Michael.Hihn@prostar.com (Mike Hihn) writes:

>  From: Michael.Hihn@prostar.com (Mike Hihn)
>  Date: Sun, 10 Dec 1995 18:33:56 GMT
>  
>  
>  Those wth incomes over $200,000 save 40% of their income, which means
>  40% percent of their now-taxed income would become untaxed.
>  The difference must be made up by somebody, and the only ones left to do
>  so are the poor and middle-class, who consume MORE than their income.

How exactly do the poor and middle-class consume more than their
income?  Are they living off their savings ?  Or are you not counting
forced economic redistribution to the poor as "income" ?  (by the way,
that's the mistake that people always make when they talk about
Americans living under the poverty line...they don't include all of
the redistribution and off-the-books economic activity, after which
almost every American lives above the poverty line).

--
TJIC (Travis J.I. Corcoran)  http://www.openmarket.com/personal/tjic/index.html

                             Member EFF, GOAL, NRA.
                 opinions (TJIC) != opinions (employer (TJIC))
         "Buy a rifle, encrypt your data, and wait for the Revolution!"
          PGP encrypted mail preferred.   Ask me about XXX for emacs.
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From: tjic@alta.openmarket.com (Travis Corcoran)
Subject: Re: National Sales Tax - An Alternative?
Date: 1995/12/11
Message-ID: <TJIC.95Dec11132245@alta.openmarket.com>
X-Deja-AN: 121558479
references: <490s4o$eku@nexus.coast.net> <499sg8$elm@villa.fc.net>
organization: OpenMarket
newsgroups: mi.misc,alt.politics.usa.misc,alt.activism,talk.politics.misc,ca.politics,dc.politics,ne.politics,nj.politics,pa.politics,triangle.politics,misc.taxes,ny.politics