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| subject: | Welfare |
BK>> The worker is already paying social security, he does that every
BK>> time he buys something, as social security is included in the
BK>> price of the product. So taxes will not increase, but they will
BK>> be spread over all products, including those imported. Which
BK>> will make American products more competive, decrease
BK>> unemployment, increase govt revenues to pay down the debt,
BK>> increase incomes to reduce poverty, and make the country a much
BK>> better place.
TW> WHAT in hte HELL are you talking about. That is pure
TW> jibberish. ---
Nope, you didn't think it through. Jeff Binkley has posted
extensively on a sales tax as a replacement for the income tax.
All the benefits accrue to replacing payroll taxes with a sales
tax, but the down side doesn't.
And if you don't think American products are less competitive
because they are taxed when they are sold in Europe, but
European products get their sales taxes rebated, thereby making
them more competitive her, then you definately have not thought
it through.
BOB KLAHN bob.klahn{at}sev.org http://home.toltbbs.com/bobklahn
... I considered atheism, but there weren't enough holidays.
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