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To: Bigun
So, let me get this right....the very government that consistently moves to increase it's power over me wants to DECREASE the amount of my money it takes?

Yeah, right!

Let's see...let me guess...hmmm...could it be a "Value Added Tax (VAT)" that would replace the income tax?

42 posted on 02/08/2003 6:20:25 PM PST by The Duke
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To: The Duke
Let's see...let me guess...hmmm...could it be a "Value Added Tax (VAT)" that would replace the income tax?

I hope not. The tax needs to be limited to one level only, final retail sales, or it could be a nightmare.

128 posted on 02/08/2003 7:30:51 PM PST by templar
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To: The Duke
...the very government that consistently moves to increase it's power over me wants to DECREASE the amount of my money it takes?

No, the law states than any new tax system must raise as much money as the previous system in its first year.

That being said, the method of collection has a great deal to do with spending.

299 posted on 02/09/2003 7:52:39 AM PST by Principled
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To: The Duke
Let's see...let me guess...hmmm...could it be a "Value Added Tax (VAT)" that would replace the income tax?

Nah. Even the Dims are scared of that monstrosity.

This is one of those juicy morsels that rightwing politicians love to float in front of the faithful, same as the Dims do with their constiuents on their pet issues. Just ploys to keep the faithful sheeple in each party salivating, panting, and ranting.

I hate to burst everybody's bubble but the income tax will be eliminated when the proverbial pigs fly.

571 posted on 02/12/2003 10:50:40 AM PST by iconoclast
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