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Old 03-05-2005, 02:49 PM   #8 (permalink)
KMA-628
....is off his meds...you were warned.
 
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Location: The Wild Wild West
NEW YORK — Federal Reserve Chairman Alan Greenspan (search) on Thursday gave his support to an overhaul of the U.S. tax code and said some form of a consumption tax — such as a national sales tax — could help the economy, but he cautioned that the government would face significant problems making such a transition.

Well, at least I am behind him on this one.

Do you think Greenspan backing a consumption tax is a good or bad thing?

Do you think it will have an effect?
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