The actual rate of a sales tax is meaningless, if it totally replaces the income tax. The reason I say that is that people simply won’t tolerate paying that much tax every single day on every single item.
Therefore within a year the rate would drop to 10% and most federal employees would get their walking papers.
A sales tax to replace the income tax is a good idea, no matter what the initial rate has to be, because once everyone is paying that amount and is reminded of it several times a day, all of the freebies won’t seem like such a great idea anymore.
“once everyone is paying that amount and is reminded of it several times a day, all of the freebies won’t seem like such a great idea anymore.”
I like the idea of a national sales tax except it should be called a national entitlements tax to remind people every day that once they vote themselves tribute today, they will be paying for it today , not their children in the future and not the person in a higher tax bracket. Then we will see how many progressives vote for entitlements on their own dime.