:"It is easy to not report income when you are one individual hiding among 150million others,"That's not my point. It's not easy to hide if someone else is reporting your income.
random audits bring the odds to x in 150million as I said.Except you are gutting the federal enforcement agency that does the random audits and not giving the states any incentive to pursue the federal sales tax. So it's 0 in 150 million odds.
It's not easy to hide if someone else is reporting your income.
Illegal & underground cash economy happens to be what we are talking about. INo ones reporting your income, t is certainly easy to hide cash and barter are the quantities being hidden which is what happens in evading the income/payroll tax system. One person hiding income is all it takes to evade income/payroll taxes in cash and barter situations.
The NRST on the otherhand requires volume business with people any of whom can turn you in should you not collect the tax and provide a proper reciept of a certified business subject to audit and other enforcement measures of the state the business is in.
and not giving the states any incentive to pursue the federal sales tax.
They run parallel with their own collections receiving an administrative fee for timely collection and remission to the US treasury. States are very interested when it comes to their own revenues.
Oops, ur odds just went up a bunch, specially considering the more customers the greater your risks of someing going for a bounty or enforcement sting.