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Old 02-01-2006, 06:37 AM   #51 (permalink)
shakran
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Quote:
Originally Posted by stevo
There is no federal sales tax. When someone buys a $5,000 TV the federal governments gets $0 from the sale.

you're forgetting about the federal corporate income tax. it's not a direct tax on the sale itself, but the sale effects the company's income statement (assuming they don't cheat on their taxes ) and therefore the government does stand to get more tax revenue if more things are purchased.
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