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RE: Economic View: What if a Sales Tax Were the Only Tax?

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RE: Economic View: What if a Sales Tax Were the Only Tax?
by Vile at 6:36 pm EDT, Oct 18, 2004

flynn23 wrote:
] ] At the moment, homeowners can deduct interest they pay on
] ] their mortgages from their income taxes. Without an
] ] income tax, this subsidy, long seen as part of what made
] ] the American dream come true, would disappear. Bringing
] ] it back, perhaps through direct grants, would require
] ] raising the national sales tax rate to 21 percent.
]
] a great analysis on why flat taxes, whether income or sales,
] would not work very well.

Wow, flynn, you really know everything. It seems that something will not work in your eyes, unless it is a beaureacracy. Were you too young to defect to the USSR? Your ideas, views and flawed, selectively informed way of thinking might have kept the Soviet Union alive well into this millenium!

RE: Economic View: What if a Sales Tax Were the Only Tax?


 
 
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