Which would you rather have?
A) A system that requires 205 million returns.
B) A system that requires 14 million returns.
A) A system that requires over $200 billion dollars in compliance cost each year
B) A system that requires less than $10 million dollars in compliance each year
A) A system that hides the cost of government into the price of a product
B) A system that shows through one rate the amount government requires from a product
A) A system that confiscates from law abiding citizens through reported Earnings
B) A system that captures transactions from legal as well as, illegal activity
A) A system that gives a free pass for foreign tourist to cover the cost of transportation and security
B) A system that requires contribution to the beneficiary of superior transportation and security to abate the cost
A) A system that cause the cost of a product to be inflated for export due to the hidden cost of taxes enforced upon on the product by the federal government locally such as payroll taxes and corporate taxes.
B) A system that does not inflate a product cost because it does not impose a fee upon a non-final user of a product.
AND THE RESULTS ARE?
An OVERWHEMMING economic decision for item 'B' on each category.
BUT WAIT THERE IS MORE
ECOMOMICS -201
Which System will produce more economic growth?
A) A system that taxes the individual income---therefore the more you work the more you pay?
B) A system that taxes the amount you consume--- therefore the more you save or invest in capital (education is considered capital) the less you pay in taxes
A) A system that taxes capital gains, dividends and interest income
B) A system that does NOT tax capital gains, dividends and interest income
A) A system that taxes portion of the entire US population mostly WORKERS-the producers on the economy
B) A system that taxes the end users of a product-that can be a WORKERS, of FOREIGN TOURIST of ILLEGAL ALIENS
OF COURSE THERE IS MORE But, I am old and getting tired but lets move on to phase 3- are you ready?
[More of this letter on page 5]
Be sure to continue to page 5
