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Welcome to SportTrac.Org
Off Topic Discussion
OT: Fair Tax, VAT, Sales tax?
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<blockquote data-quote="P M" data-source="post: 866525" data-attributes="member: 62814"><p>In order to remain competitive they would have to reduce prices. No change there, just less overhead for the companies enabling them to be more competitive in a global market. (also incentive for manufacturers to base here vice going overseas).</p><p></p><p></p><p></p><p>Lets see, I can pay more *(<23%) for new items I purchase, but in exchange I get to keep 30+% percent of all of my income and get money to cover basic necessities. And, no more government power grabbing, manipulative, vote buying tool of income taxes. What's not to like?</p><p></p><p></p><p></p><p>*Note: actual base prices would go down due to reduced overhead so it would not actually be 23% more expensive than today.</p></blockquote><p></p>
[QUOTE="P M, post: 866525, member: 62814"] In order to remain competitive they would have to reduce prices. No change there, just less overhead for the companies enabling them to be more competitive in a global market. (also incentive for manufacturers to base here vice going overseas). Lets see, I can pay more *(<23%) for new items I purchase, but in exchange I get to keep 30+% percent of all of my income and get money to cover basic necessities. And, no more government power grabbing, manipulative, vote buying tool of income taxes. What's not to like? *Note: actual base prices would go down due to reduced overhead so it would not actually be 23% more expensive than today. [/QUOTE]
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Off Topic Discussion
OT: Fair Tax, VAT, Sales tax?
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