Tax-News.com, 12 August 2004:
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>
US National Sales Tax ‘An Interesting Idea’, Says Bush
by Leroy Baker
Tax-News.com
US President George W. Bush said on Tuesday about replacing the domestic income system with a national sales tax that: "It's an interesting idea," and one worth considering for a possible second term.
"You know, I'm not exactly sure how big the national sales tax is going to have to be, but it's the kind of interesting idea that we ought to explore seriously," Mr Bush told an ‘Ask President Bush’ campaign forum in Florida.
The notion of a national sales tax or flat income tax rate has been mulled over by Bush administration economists for some time as a way of significantly simplifying the nation’s tax code.
However, the proposal has not gained much ground beyond the White House with opponents arguing that a flat tax would leave working and middle class voters worse off whilst benefiting the wealthy.
<HR></BLOCKQUOTE>
Tax-News.com, 13 August 2004:
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>
Bush Not Interested In National Sales Tax After All, Says White House
by Leroy Baker
Tax-News.com
White House officials attempted to backtrack from comments made by President George W. Bush on the campaign trail this week relating to a national sales tax.
"The president has always believed in lower taxes and a simpler, fairer tax code. There's nothing more to announce at this time," stated White House spokesman Scott McClellan.
Administration officials have since confirmed that the President is not considering a national sales tax as a policy initiative for a second term, according to reports.
Mr Bush’s spin doctors were forced into action following remarks made by the President to a Republican supporter at an ‘Ask the President’ question and answer session in Florida on Tuesday, when he noted that replacing the current income tax system with a national sales tax was “the kind of interesting idea that we ought to explore seriously."
Bush’s words also supplied some ammunition to his Democratic opponent in the Presidential race, John Kerry, who responded to the idea by saying: "Families already squeezed by rising health care costs, gas costs and college costs would have to carry a whole new tax burden."
<HR></BLOCKQUOTE>
Sponsored by the National Campaign to Prove What a Flip-Flopper John Kerry is on Issues.
Phaedrus
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>
US National Sales Tax ‘An Interesting Idea’, Says Bush
by Leroy Baker
Tax-News.com
US President George W. Bush said on Tuesday about replacing the domestic income system with a national sales tax that: "It's an interesting idea," and one worth considering for a possible second term.
"You know, I'm not exactly sure how big the national sales tax is going to have to be, but it's the kind of interesting idea that we ought to explore seriously," Mr Bush told an ‘Ask President Bush’ campaign forum in Florida.
The notion of a national sales tax or flat income tax rate has been mulled over by Bush administration economists for some time as a way of significantly simplifying the nation’s tax code.
However, the proposal has not gained much ground beyond the White House with opponents arguing that a flat tax would leave working and middle class voters worse off whilst benefiting the wealthy.
<HR></BLOCKQUOTE>
Tax-News.com, 13 August 2004:
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>
Bush Not Interested In National Sales Tax After All, Says White House
by Leroy Baker
Tax-News.com
White House officials attempted to backtrack from comments made by President George W. Bush on the campaign trail this week relating to a national sales tax.
"The president has always believed in lower taxes and a simpler, fairer tax code. There's nothing more to announce at this time," stated White House spokesman Scott McClellan.
Administration officials have since confirmed that the President is not considering a national sales tax as a policy initiative for a second term, according to reports.
Mr Bush’s spin doctors were forced into action following remarks made by the President to a Republican supporter at an ‘Ask the President’ question and answer session in Florida on Tuesday, when he noted that replacing the current income tax system with a national sales tax was “the kind of interesting idea that we ought to explore seriously."
Bush’s words also supplied some ammunition to his Democratic opponent in the Presidential race, John Kerry, who responded to the idea by saying: "Families already squeezed by rising health care costs, gas costs and college costs would have to carry a whole new tax burden."
<HR></BLOCKQUOTE>
Sponsored by the National Campaign to Prove What a Flip-Flopper John Kerry is on Issues.
Phaedrus
