Yeah, I can see that. Eliminate the personal income tax and pay all taxes when you buy goods.
Right. And let the imports be charged a reasonable duty. The foreign companies ought to be paying a fee for the use of our infrastructure.
Now, the national sales tax is a disaster unless the 16th amendment is also repealed. As Pat Buchanan and others have pointed out, we’ll just end up with both sets of taxes otherwise.
It is all a moot discussion unless spending is restored to Article 1 Section 8 levels. Corporate income tax receipts should pretty much fund the military.
Imagine how great the business environment would be even with a 25% corporate tax, a reasonable regulatory environment, real wages going up with a commodity-backed currency, companies returning to the US, and a shift in wealth from banksters to everyone else.