Agree - NO INCOME TAXES AT ALL. Tariffs and a NRST plus shrinking FedGov™.
What is the difference between having a Federal Sales Tax and a Federal Income tax?
As far as I can see, there is no substantial difference between the two taxes. The only substantial difference that I can see between the two taxes is that one taxes you 10% of your income when you get paid and one taxes you `0% of your income when you spend it. Thus a flat 10% sales tax and a flat 10% income tax on everything would take exactly the same amount of money from you, but at different times.
Isn't that, right?
I suppose that the theoretical details of such a proposal would be important too, like what would taxed under a national sales tax. (For example, would food be exempt from the tax. That could be a big deal for many low-income people)
Beware though, the regressive nature of a national sales tax which would disproportionately harm low-income individuals as opposed to a progressive income tax which disproportionately takes from the rich would be very unpopular.
What is NRST?