With you. A national sales tax will ultimately hurt those that can least afford to BE taxed.
We all need equal amounts of bread, milk, etc... The prebate not withstanding, those things cost more as a percentage of income for lower income households than they do for wealthier families. If anything, it’s not fair.
Lower all income tax rates - dramatically. Take away all deductions (even on the corporate side) With all that wrangling gone, the IRS can be cut by 2/3rds at least. More money is spent on enforcing the law. If they made it simple, that would save billions alone.
bump
Good--then maybe they will get off their lazy a** and make something of themselves and stop relying on others to take care of them. Ultimately the current tax code is strictly a political tool to hurt the productive and subsidize the vote of the deadbeats and welfare rats who actually create the demand and expense of most government services/public pensions. The fairest way would be to make each person pay for the government services they use, but next fairest would be a straight head tax. The fair tax (sales tax) is not perfect, but it makes it much harder to buy votes.
The whole point of the prebate is to take care of your concern about the poor.
You just dismiss the facts with a wave of the hand.
And the poor are being taxed NOW. The many hidden taxes that the poor are paying NOW would be repealed.
9% from the first dollar of income to the last. No deductions. No exemptions. No withholding. Option to pay tazes monthly but everyone has to write that check.And last of all, no business taxes or capital gains taxes. Business taxes are actually increased income taxes on personal income as they are part of the cost of doing business and therefore raise the prices of goods and services to the consumer/ultimate taxpayer.
9% from the first dollar of income to the last. No deductions. No exemptions. No withholding. Option to pay tazes monthly but everyone has to write that check.And last of all, no business taxes or capital gains taxes. Business taxes are actually increased income taxes on personal income as they are part of the cost of doing business and therefore raise the prices of goods and services to the consumer/ultimate taxpayer.
They already are taxed, priced into those very staples you mention. An NRST just makes that tax explicit instead of hidden.