The structure of the 9% sales tax always bothered me a bit, this new version still needs scrutiny, however. Does this mean that the employee get’s taxed twice?
I'm not sure. The article is the only info I've seen on this suggestion, but I thought it was worth discussing.
The fact that we're even seriously discussing throwing out the tax code and simplifiying it is a huge plus, imho.
“The structure of the 9% sales tax always bothered me a bit, this new version still needs scrutiny, however. Does this mean that the employee get’s taxed twice?”
Yup! So instead of a sales tax that you had *some* control over, this guy wants a second income tax that you can’t avoid.
Plus the payroll tax is HIDDEN. Congress can get away with raising it by little increments and nobody will notice.
I like the sales tax! :(