Preparing for the boom economy

The national sales tax is the best single one thing for the USA at the moment. Hard hit consumers would gain a tremendous buying power, the government would get a broader and visible tax base increasing tax income, companies and consumers would pay in average the same sales tax as the VAT is in Europe and ROW.  The huge difference would be that there would be no income tax in the USA. This would be a reason enough to come and stay in the USA. But that will be not the whole story! The external value of greenback is steadily going down (due to active and massive printing of dollars) against all major currencies, what increases the competitiveness of the US companies operating globally. All income sent back to US would generate even higher profits at home. At the same time importing gets less interesting and finally the manufacturing would return to the USA! This is the vehicle for a brighter future.

I must say wow – the formula is clear!

~ by vesaandyvihavainen on May 2, 2011.