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MangoToupelast Saturday at 11:51 AM2 repliesview on HN

Sadly, not to adopt such a sane taxation method....


Replies

jandrewrogerslast Saturday at 2:41 PM

That isn't really possible because American Constitution expressly prohibits it. There is no realistic possibility of modifying the Constitution to allow it either.

As far as the US Federal government is concerned it has little practical relevance.

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tossandthrowlast Saturday at 12:13 PM

No, lol! That would hamper the USs strongest asset: consumption!

which is likely being hampered anyways due to corporate greed in the financial sector - it is going to be interesting to see the actual breaking point for leveraged consumption