Interesting concept, but when & how would the change be made? I am in no way commenting on whether or not the total tax bill is too low, too high, or about medium. Some people have managed their money well, & by being careful with their spending have been able to put away a few bucks to live on in retirement, & have paid income tax on those savings. If suddenly income tax was dropped & higher sales tax took over they would have to pay the larger sales tax when they spend the savings that they have already paid income tax on (doouble taxation). As an example let's say change tax systems on Jan 1,2015. Only way to change from one to the other is that all persons born before change-over date continue with the present system, maybe with a different rate. All persons born after the same date would not pay income tax, but pay the larger sales tax on everything. Keeping track boggles the mind. Willie
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Today's Featured Article - Women and Tractors - More Views From the Farmer's Wife - by Teri Burkholder. The top ten reasons why the judges wouldn't let you participate in the stock antique tractor pull: Hey, this is stock! It came with that V8 in it! That "R" on my tires stands for "really old" not radial! Blue gas? We thought it was a pretty color! What wire hooked to my throttle?
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