Thursday, March 03, 2005

Greenspan Touts Idea of a Consumption Tax

This scares the crap out of me. Greenspan says if they try to switch to a sales tax, they'll get too much opposition from the left because the poor would have to pay more taxes. But if they do both, we'll all pay more taxes. Perhaps if they would just CUT SPENDING, they wouldn't need to think of new ways to generate revenue.

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