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To: GO65
Who would collect the sales taxes and furnish them to the fedgov? Would there be 50 different sales tax checks that states would hand over? The fiscal year, for starters, would have to be changed to Feb 1 - Jan 31. Plus you're paying a federal sales tax on top of a state sales tax.

Rather have a flat income tax. Russia's tax is 13% and you don't hear them complaining.

5 posted on 11/01/2003 1:29:06 PM PST by Chris Tucker
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To: Chris Tucker
Who would collect the sales taxes and furnish them to the fedgov? Would there be 50 different sales tax checks that states would hand over?

Proposals for how the NST would work are well defined at sites such as CATO and fairtax.org. Essentially the states would collect the tax and forward it to the feds. Businesses would be allowed to keep a percentage of what they collected. I'd recommend you check out these sites for starters.

Rather have a flat income tax. Russia's tax is 13% and you don't hear them complaining.

Apparently those in Russia who complain are arrested these days.

8 posted on 11/01/2003 1:36:33 PM PST by GO65
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