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OT Get ready America
Get ready Americans for the biggest screwing in all history. For some
time I have worried that the consumption tax (national sales tax) to replace our income tax idea would take hold. This would be a nightmare for low and middle income people. There is more and more talk every day for this. Now that old geezer Greenspan is saying it is a good idea. He adds that maybe we should also keep the income tax and have both. Since the consumption tax would be a rich man's dream, that is probably what we will end up with. With a consumption tax, the low and middle income earners would pay all of the tax and the rich man would pay even less. Americans had better start raising hell with their congressmen and senators now to stop this before it gains anymore momentum. The only fair income tax replacement would be a flat tax with the standard deduction and the family member exemptions and no other deductions or loopholes. Please help spread the word. |
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