[TenTec] TT/Alpha merger, taxes

[Roy]

" TN has an intelligent tax system. Pretty well NO PERSONAL INCOME TAX! 
High 9%, I believe, sales tax.  The way Federal Tax should be - a 
consumption tax. (etc.)"

So let's see, a guy making a million a year probably dispenses 30% of his 
income, while a worker making 50K likely spends all. The millionaire pays 
tax on a small percentage of  his income, whilst the common worker pays on 
nearly all of his.

73,   Roy     K6XK