- Jul 20, 2011
- Reaction score
- Don't harsh my zen, Jen!
Okay, what did I miss.
So let's see Grover Nordquist is against it based on the results of the VAT implemented in Europe.
Retailers are against it because it will kill retail sales.
For that reason economists are against it because it'll slow down consumer spending, which drives the US economy and also will reduce the GNP.
Plus 9-9-9 taxes the biggest segment of the US population (Middle Class & poor) at a higher rate than the wealthy la the sales tax.
Yet, the die-hards love it, even though most will be negatively effected by 9-9-9.