Ferrari Mailing List: Re: NFC: Here comes BO's 10 % US National Sales tax

[Rick Lindsay (rolindsay]

Larry wrote,

> Whoa!  What was recently discussed was replacing the Income Tax
> with a National Sales Tax - what they are taking about now is a
> new 10% freakin tax!!

We call that NVAT.

That No Value Added Tax. :-P  Such is the way of socialism.

rick