One day some bold individual is going to make a national sales tax happen, and then we can do away with this outdated POS that is the income tax.
May that day and that individual never come!
Why wouldn’t you favor a national sales tax?
I figure if the libs really want to hammer the rich, This would be the way to do it.
Would you rather have flat tax?[/quote]
Why would you? And the rich would be the least hammered by a national sales tax. The average american would pay more taxes with a national sales tax than now. (Assuming we stayed revenue neutral—a huge assumption considering the admin) Imagine paying at least 50(but more like 60) percent on every thing including your home! A $500,000 home would be taxed 250,000! Ouch! There goes the housing market!Once real estate goes down the tubes, how would local govenrment raise revenues? Healthcare? You don’t even want to think about it. Add 15,000 to your new car! Seniors? Screwed! This would be the mother of all double taxes on millions of seniors. Even if you just replace the federal income tax, you’d still be paying close to 30 percent,so again what part sounds good to you?