jshelton5040 -> RE: A Nice Pair (Jul. 28 2009 15:11:59)
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ORIGINAL: Ron.M Well John...you lot are certainly gonna need some central financing from somewhere in the coming years considering foreign wars and the proposed new Health System.. (just watch how much that drains from the economy[:D])... and VAT is an excellent way of not putting up income tax (which looks bad for the politicos) and simply making it a spending tax and everybody benefits in the spending party! Personally I think it would be fun to abolish VAT (Value Added Tax) and replace it with ERT (Earnings Related Tax), which means you are given a Tax Code which you must produce by showing your Personal Identity Card everytime you make a purchase. The cost of the item will then be adjusted at the checkout to meet your means, so that a chocolate Mars Bar would cost 22p for a low earner but £5.99 for a Merchant Banker. Or someone like myself could take advantage of Pat's "Soundhole Masterclass" for only $5,000...but someone like Donald Trump would have to pay $5 million! The system is further simplified by strict Law Enforcement, such as... 1. No Card...No Purchase. 2. Anyone found trying to defraud the system by making, distributing or using a fake ID card will be publicly flogged and hanged as a mandatory punishment, the event and TV rights going to the highest media network bidder. Easy Peasy system which allows for the grossest earnings differential and would set all the economies well on the way to recovery IMO. [:D] cheers, Ron Ron, you gave me a good laugh. Well done! We're housebound in the air con today on the Alsea river. The temperature is 105 degrees fahrenheit. All I've done is a little watering in the garden this morning, piano practice and picked some fresh corn, zucchini and peppers for dinner. It's not supposed to get that hot here.
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