Re: Flat tax blowback
Neil?
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Do you not think the psychological effect of a 25 or 30% sales tax would make people less willing to shop as they currently do? This may be good if people actually invested this money instead, but nonetheless it would be bad for the economy.
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The idea that people not spending money would be "bad for the economy" is a blatant lie perpetuated by those who benefit from the masses burning all their money on crap. It would be bad for the "economy" of corporate America, but it would be amazing for the "economy" of the average American.
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