Larry,
That's if you tax everything. If you look at some of the proposals out
there, including the one presented by Alan Keyes during the presidential
election, most exempt food, basic clothing items, etc. i.e. things that
poor people would spend most of their money on. However, the idea behind a
General Sales Tax is not tied to social status or about leveling the playing
field. The belief is that personal independence and freedom stem from
economic independence and freedom. The more of your own money that you are
allowed to keep, the more control you have over your destiny. The income
tax provides no choices for Americans on how much if their own money is
kept. If the government wants to raise your taxes, then it is going to do
it and there is nothing that you can do about it. Sure, you can elect
officials that oppose higher taxes, but I don't believe that the government
is intended to have so much power in the first place. With a GST, people
can make choices about how they spend their money and control the level of
their tax burden. If the government raises the GST, then we can keep our
money in protest and send a clear and quick message to those that represent
us that this is too much. It is possible, even under the current tax
system, that you can lower the tax rate and still increase revenues. That
is even more true under a GST system. If the tax rate is lower, then the
cost of a good is lower thereby creating a demand for that good. More goods
that are purchased, means more money that government will be able to spend
on programs. Fiscal responsibility will reside solely on the governments
shoulders as it should. The budget is $2 trillion (that's
$2,000,000,000,000.00) and growing. President Bush wants to slow growth to
4% and the democrats want growth to be at about 11%. You can do the math.
Michael Corrigan
Programmer
Endora Digital Solutions
www.endoradigital.com
630/942-5211 x-134
----- Original Message -----
From: "Larry Lyons" <[EMAIL PROTECTED]>
To: "CF-Community" <[EMAIL PROTECTED]>
Sent: Wednesday, September 05, 2001 1:35 PM
Subject: RE: Reject The Rebate
> Yep, tax the poor and give to the rich. Truely a progressive taxing
scheme.
>
> A General Sales tax would have a much greater impact on those people with
a
> lower income than those with higher incomes. Its a basic concept. Adding a
> 5, 10 or 20 percent GST type tax has a much greater impact if you are
making
> $25,000 per year than if you are making $50,000 or more. Rather than give
> the rich another tax break, how about closing some of the grotesque tax
> loopholes for corporations.
>
> larry
>
> > -----Original Message-----
> > From: Lee [mailto:[EMAIL PROTECTED]]
> > Sent: Wednesday, September 05, 2001 11:17 AM
> > To: CF-Community
> > Subject: Re: Reject The Rebate
> >
> >
> > On Tuesday, September 4, 2001 7:21 PM, [EMAIL PROTECTED] wrote:
> > >
> > >Personally, I favor SSI privatization. The Cato Institute
> > has a great plan:
> > >http://www.socialsecurity.org/alternative.html
> > >
> >
> > The Cato Institute is an amazing organization. http://www.cato.org
> > Take the plan mentioned above and combine it with a national
> > sales tax for a great future.
> > http://www.fairtax.org
> >
> > Lee
> >
> >
> >
> >
> >
>
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