That's not too bad sounding... encourage internal country-wife industry
growth instead of making imports more favorable.



-----Original Message-----
From: Vivec [mailto:[EMAIL PROTECTED] 
Sent: Friday, January 25, 2008 2:02 PM
To: CF-Community
Subject: Re: CF-Community Presidential Poll

Yeah umm..but isn't this Fair Tax thing similar to what exists today
in the Cayman Islands?

The Caymans have no direct taxation of any kind on income or
corporations. They instead have indirect taxes on Imports etc.

"Caymanians and Caymanian companies are not subject to any form of
direct taxation. However, an import tax of between 5% and 20% is
levied on most imported goods. Import taxes on automobiles ranges from
27.5% to 40% for most vehicles while Hummers are taxed at 100% of
their value"



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