To: Man50D
For all the naysayers out there, please remember that Alan Greenspan supported a national sales tax. His only issue was that the bureaucracy of the government would make it a difficult transition. Difficult, not impossible.
"As you know, many economists believe that a consumption tax would be best from the perspective of promoting economic growth particularly if one were designing a tax system from scratch because a consumption tax is likely to encourage saving and capital formation," Greenspan said.
http://www.foxnews.com/story/0,2933,149298,00.html
874 posted on
08/14/2006 7:45:55 AM PDT by
ritewingwarrior
(Where does free speech end, and sedition begin?)
To: ritewingwarrior
As you know, many economists believe that a consumption tax would be best from the perspective of promoting economic growth particularly if one were designing a tax system from scratch because a consumption tax is likely to encourage saving and capital formation," Greenspan said.
They understand the benefits to a consumption tax as did Alexander Hamilton.
964 posted on
08/14/2006 10:10:19 AM PDT by
Man50D
(Fair Tax , You earn it . You keep it!)
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