The only way to get rid of the current system is a constitutional amendment, and that is unlikely with the coming financial chaos.
The only way to get rid of the current system is a constitutional amendment,
Of course, and which is why HR25 calls for such, and creates the environment where that can happen by placing a viable alternative to the current system in place.
and that is unlikely with the coming financial chaos.
LOL, I read that book too, back in the 50's. Lost me alot of money and wealth over the years until I finally wised up.
Gloom and doom always does a great job selling books, newspapers, and socialist/populist political campaigns.
It will end up as another revenue stream, and extended control of small business
What would they use a Retail Sales Tax to do that for?
They already have the business income tax for that purpose, and VATs coming down the pike to add on and that pander to the populist mentality that rich fat cat business owners gotta pay not the peoples. Those VATs are hundred times more efficient at controlling and bringing small businesses to heel compared to a retail sales tax.
S.112
Title: A bill to amend the Internal Revenue Code of 1986 to impose a value added tax and to use the receipts from the tax to fund America's war effort.
Sponsor: Sen Hollings, Ernest F. [SC] (introduced 1/9/2003)
H.R.15
Title: To provide a program of national health insurance, and for other purposes.
Sponsor: Rep Dingell, John D. [MI-15] (introduced 1/7/2003)CRS summary:
Amends the Internal Revenue Code to impose a tax on each taxable transaction (the sale of property, performance of services, and importing of property by a taxable person in a commercial-type transaction). Sets the tax rate at zero for specified transactions.
Establishes the National Health Care Trust Fund. Appropriates to the Fund amounts received from the value added tax. Allows the Fund to be used only to carry out the program under this Act.
A broad Retail Sales tax does just the opposite, it exposes the individual voter to the full view of the tax burden imposed by large government, and impacts business operations very little as it relieves all businesses of income and payroll taxes and the burdens they impose.
A point of fact, sales taxes do not require fedgov intervention at all with the business. State sales tax administrative agencies already do that in 45 states and that is who are slated to administer and enforce the NRST in parallel with their own.
H.R.25, S.1493
A bill to promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national retail sales tax to be administered primarily by the States.
Not only does the HR25, empower the individual and provide freedom from the intrusive aspects of the income tax, it empowers the states as well, returning to them authorities the states should naturally have under the constitutition.
"A capitation is more natural to slavery; a duty on merchandise is more natural to liberty, by reason it has not so direct a relation to the person."
--Thomas Jefferson: copied into his Commonplace Book.-- a free people that pays slave taxes to its government is willingly training itself for bondage.
Alan Keyes 199
The NRST gets rid of those "slave" taxes for both business and the individual.