I think this story is 15 days too late... April Fools?
Posted by Jason Young at April 16, 2004 12:29 AMYo
I've been "lurking" on the list and have enjoyed reading all the posts of late..... but Tommy boy De Lay ...well he is something ...23% sales taxes for the fed's on top of 7% or 8% 9 give or take a little) going to the states ...god that's around 31% or 33% = 33cents on the dollar ...NO WAY
Ric
Here's the rub with the 23% sales tax ... I just did my own taxes and my effective net tax rate was 8%. Tom DeLay wants to substitute out the income tax with that sales tax. I spend nearly all of my income every year (sucks being broke). So Tom DeLay wants to triple my taxes.
Nice campaign issue. I wish the GOP would adapt this plan more tightly. I kinda miss having more Democrats in power.
Posted by Greg Wythe at April 16, 2004 09:43 AM