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Old 11-06-2004, 06:20 AM  
stocktrader23
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Join Date: Jan 2003
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Quote:
Originally posted by Driven
i"m sorry but those figuires are total BULLSHIT!!

Countries around the world have 10-17% VAT/ GST (goods and service tax) and they still have normal tax of 20-50% on top of that. The Usa might throw in a national 10% tax like other countries NZ or Australia have them. Its a nice way of them taking even more money off your plate.

a 23% tax wouldn't cover half the lost income from all the wage tax taht will not be collected
It would cover it as well as other benefits. Other countries have always had higher taxes.
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