Hastert's remarks are nothing but an indication that the lemmings in Washington are starting to realize belatedly that they have spent our country into oblivion and additional taxation has to be imposed. Forget about your own preference and delve deeper into the problem. Whenever a politician starts to talk tax reform, he means more taxes. Anyone could have predicted that with the huge spending increases, and deficit and debt problems that caused, that more taxes would be needed. This is the tax increase that you were expecting!
"we can collect taxes on consumption or sales. Everybody has to buy to survive."
Yes, and that includes the Border Violators (illegial immigrants) who work on cash, and pay no income tax.
Hastert's remarks are nothing but an indication that the lemmings in Washington are starting to realize belatedly that they have spent our country into oblivion and additional taxation has to be imposed.
As he said, the best way to increase tax revenues is to grow the economy so people spend more, and with the NRST it makes U.S. exports more competitive. In a few years it could neutralize the trade deficit and cause a much stronger dollar.