Not the type of investment I'm talking about. I'm talking about the kind that sit in money market accounts or CDs. These don't help the economy, unless they get taxed.
I like the idea of a sales tax over an income tax, it could simplify things. Of course after you factor in various exemptions, and other things it will still be complicated. Do we charge everybody the same at the store and then they get money back later? I would hate that, if I don't owe it, then don't ask me for it. Same way I do my income tax now. I don't overpay, so the government doesn't get to draw interest on my money, I get to draw it. Do we step the tax level at the checkout, do we all have some sort of card that determines what type of exemptions we get, allowing the person doing the checkout to know how much money everybody makes? > -----Original Message----- > From: Tim Heald [mailto:[EMAIL PROTECTED] > Sent: Wednesday, January 11, 2006 10:21 AM > To: CF-Community > Subject: RE: FairTax (was Re: Next in line to be labelled) > > I couldn't agree more. Investments are what power innovation in our > economy. > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Message: http://www.houseoffusion.com/lists.cfm/link=i:5:191599 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
