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FIRE Easier If VAT Replaced Income Tax?
Old 11-13-2007, 12:50 AM   #1
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I think I might be a big fan of a "value added tax" or perhaps a "Fair Tax".

Do away with the IRS income tax code, all umpty-ump volumes of it. Abolish the income tax completely. Replace it with a value added tax assessed and collected at each stage of production (or performance of services).

How much easier would it be for folks to achieve FI and then RE. A lot I think.
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