Thread: OT Bush hatred
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NOYB
 
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Default OT Bush... taxes


"DSK" wrote in message
. ..
"John Gaquin" wrote...
I disagree here, Doc. I prefer to see a national consumption tax of

about
10%, coupled with total repeal of any income tax.



That doesn't seem like it's going to bring in anywhere near the same
revenue. Unless you are also going to chop off at least half of the
current gov't expenditures, this is just a pie-in-the-sky dream.

One problem I have with having the Feds put on a consumption tax or an
ad-valorum tax or whatever is that it is a serious brake on the economy.
The web of VAT is choking the European economies, we should observe and
learn and do better.



NOYB wrote:
.... I was promoting a flat tax that
phases out at a certain income level.


Ahem... that is a progressive tax, you darn socialist.


If you hadn't snipped the part where I said "...just to be "fair" to our
Democratic colleages", you'd have known that I was fully aware that it's a
progressive tax...but was trying to find *some* common area in which both
sides could agree.