I think that is what I originally suggested. But that is not Fair Tax, according to Kaleb.
On Sun, Jun 22, 2008 at 11:55 PM, Bill Ringgold <[EMAIL PROTECTED]> wrote: > No need to track anything. You spend $10 you pay 23% tax on that. Spend > $100 you pay tax on that. You earn $100,000 and only spend $25k you pay > taxes on $25k. There is no tax on earnings at all. Cash, credit, debit > makes no difrerence. The ONLY tax is sales tax to the final user of the > goods. It makes no difference what you make as the only tax is on what you > spend. The only way to cheat is with barter or to have a business fake it's > books. > BillR > > -----Original Message----- > From: "Wonko the Sane" <[EMAIL PROTECTED]> > To: "Mercedes Discussion List" <mercedes@okiebenz.com> > Sent: 6/22/08 11:27 PM > Subject: Re: [MBZ] More government waste > > How are you going to track what I spend if I pay in cash? I dropped about > $40 yesterday at the local farm store on projects. Will I have to give my > Social Security Number every time I make a purchase? I put $30 diesel into > my 240D today and used my debit card -- will that be tracked? > > I try really hard to forget my wacko-religion upbringing, but the Book of > Revelation is flashing warning signs to me. > > D. > > > On Sun, Jun 22, 2008 at 11:01 PM, Bill R <[EMAIL PROTECTED]> wrote: > > > At the beginning of each month everyone, rich or poor, would be given a > > prebate [if that is a word] of the 23% taxes up to the poverty line. > Spend > > only that and you > > essentially pay no taxes, spend more than whatever the federal poverty > line > > is and pay more taxes. > > > > -- > LT Don > http://don.homelinux.net/~don/ <http://don.homelinux.net/%7Edon/> > > apt-get update > apt-get upgrade > > > _______________________________________ > http://www.okiebenz.com > For new parts see official list sponsor: http://www.buymbparts.com/ > For used parts email [EMAIL PROTECTED] > > To Unsubscribe or change delivery options go to: > http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > -- LT Don http://don.homelinux.net/~don/ apt-get update apt-get upgrade The following packages will be replaced Prez Do you want to continue? [Y/n] Y _______________________________________ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
