I've thought of the same thing. What if the Congress decides to "compromise" and let us pay both national sales tax and income tax under guise we have to phase it in.
Revolutionary War II
Guess which one would not be phased out
>>What if the Congress decides to "compromise" and let us pay both national sales tax and income tax under guise we have to phase it in.
Most likely.
Its very hard to believe we could ever divorce ourselves from
a system where American MUST report their individual
incomes to the government.
We'd end up with both systems.
There are currently 56 cosponsors of HR 25 - The FairTax Act. If the House tried to add this plan without killing the Federal Income Tax first, they'll withdraw their support. The intent of this bill is to eliminate the Federal Income Tax and the IRS. A companion bill will set the wheels in motion to repeal the 16th Amendment.
I think most people agree that progressive income taxes and the IRS need to end. That's a good starting point.
Politically, the best way to institute the National Retail Sales Tax is to abolish the IRS and begin the new tax on January 1, 2006. This would give the government over a year to prepare our financial agencies. Also, anyone in the poverty zone (only the truly needy) could present a "tax free card" to a cashier, exempting them from paying sales tax. This will cut the Democrats claim of "hurting the poor" off at the knees.