the sales tax is generally added at every level of the supply chain—from raw materials to wholesaler, distributor to retailer and consumer
It sure is for small service businesses. That is, if services aren’t taxed, there may not be a tax added onto that, but regular supplies and such are fully taxable unless the organization is run as a nonprofit. Take a look at how much the modern consumer is paying out of their total expenditures to such providers.
Ax the IRS. 9%... 12%... 15%... 22% or whatever on the end product (I ain’t smart enough to figger it out but there IS a number that’ll work). Flat tax... and let that be it... period! If one does not care to pay the tax... don’t spend the bloody money. ALL revenue would be taxed inclusive of dope, sex... you name it... it’s taxed @ the end transaction (pun??... I’ll never tell).
Sit back and watch the coffers fill.
The rules and regs for this are still being established and it sounds pretty innocuous as stated now. In theory only the totals received by individuals and corps will be reported to IRS but it is such a problem prone process eventually all the detailed information will have to be given to the govt to solve the problems created by the govt. Anyone familiar with the statement "We need this information to calculate you tax liability." For the credit card companies to avoid liability they will have to send you a list of all your payers so that you can correct problems (this is already in the proposals). The detail info now exists in a useful format.
States have been wanting this for years. The law says they MUST report totals but there is nothing stopping reporting the details.
Long discourse but anyone doubt me?
Also, purchases made online or through catalogs may be exempt from sales tax, so long as the company that is selling the item does not have a retail outlet in the same state that the purchaser is buying from (from what I understand).