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To: ServesURight
Plus a National Sales Tax would tax the underground economy.

How?

30 posted on 11/01/2003 2:58:00 PM PST by arthurus (When the other shoe drops, look out for the cleats!)
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To: arthurus
Plus a National Sales Tax would tax the underground economy.

How?

The theory goes that with an NST your local marijuana entrepreneur will now pay his fair share when he buys 6 boxes of Twinkies and Big Gulp, and your local hooker will pay her fair share when she gets that new pair of fishnet stockings.

Reality is that illegal economies will be taxed more than before but large parts of them will still go untapped. But that's the nature of "illegal" economies. There will also be a huge increase in sales tax fraud (cash will truly be king!) All said it's miles better than whah we have now.

 

34 posted on 11/01/2003 3:10:20 PM PST by azcap
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