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Billy the Kidd will become famous soon enough

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05-02-07

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Quote:

Originally Posted by Manifesto

Yes and No...

It would force the middle/lower class to spend their money on essentials instead of luxery items that they cant afford. Instead of being taxed on your earnings and your spending, you would only be taxed on your spending but the taxes on items would be about double.

also, instead of a return from the IRS each year, you get a prebate check for the essential items you had to buy (ie. milk, bread, daily staples)

I may be thinking of something else then... which one is the one where the top 5% stop paying 50% of the taxes?

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