Dear Sir,
First let me say again it was a distinct honor meeting you two weeks ago here in Prague. I sincerely enjoyed reading this article. Your line: "European civilization had produced the great cathedrals of the world. America had the two-car garage. And this middle-class contentment created a country of optimists." is a memorable quote. I share with you a continued optimism about America and your article presents a possible solution for the problems this country faces.
However, t I'm hesitant about the idea of an "innovation tax". I think sales taxes are rather regressive as the poor have to spend more of their income than the rich. While the rich can save their spending money it and also have the opportunity to spend money overseas more frequently. I'm originally from California and this is already an issue with many Californians "jumping the border" as it were and making it big ticket purchases in Nevada and other destinations.
First let me say again it was a distinct honor meeting you two weeks ago here in Prague. I sincerely enjoyed reading this article. Your line: "European civilization had produced the great cathedrals of the world. America had the two-car garage. And this middle-class contentment created a country of optimists." is a memorable quote. I share with you a continued optimism about America and your article presents a possible solution for the problems this country faces.
However, t I'm hesitant about the idea of an "innovation tax". I think sales taxes are rather regressive as the poor have to spend more of their income than the rich. While the rich can save their spending money it and also have the opportunity to spend money overseas more frequently. I'm originally from California and this is already an issue with many Californians "jumping the border" as it were and making it big ticket purchases in Nevada and other destinations.
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