[lbo-talk] taxation (was: cruise report

Jordan Hayes jmhayes at j-o-r-d-a-n.com
Wed Aug 1 16:35:45 PDT 2007


Wojtek writes:


> VAT in principle should be preferable to any tax scheme
> that exists in the US, no?

Eh? VAT better than the current Income Tax? Feh.

It's only the other (largely regressive) taxes (oh, sorry: use fees!) in the US that diminish the beauty of the (largely progressive) Income Tax.

/jordan



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