[balrog666]

1) Payroll taxes - gone

Okay there's a 2% savings to the company.

2) Time and money spent on IRS crap - gone

Wrong. Payroll matters will still be reported to the SSA.
Profits and losses will still be tracked and reported.

3) Product not taxed until bought by consumer - Multi-tier tax structure from vendor company to consumer company vanishes

No change. Business-to-business transactions are not taxed now.

IRS crap - Hiring attorneys to interpret the new changes, hiring accountants to find all loopholes that you can benefit from, etc.

You don't think there will ever be loopholes in the NRST?

* Administering special "pre-tax" programs for employees such as 401k, medical savings accounts, child-care accounts

No change. Those are already established programs and are part of employee compensation.

* Lost opportunity costs due to sheltering income and assets from taxes rather than investing them for growth

No change. Only whom they are sheltered from will change.

* Higher interest rates

Utter crap. And only of interest to business when they borrow money.

* Lower net return on investment, making the business less attractive to additional investment

That will depend on what happens to sales and profits under the NRST.

[Eagle of Liberty]

1) Payroll taxes - gone

Okay there's a 2% savings to the company.

Still a savings. That is like a RAT saying that we haven't found any WMD. Then you tell them that we have found dozens of shells of sarin. Then they say that you haven't found the "stockpiles".

2) Time and money spent on IRS crap - gone

Wrong. Payroll matters will still be reported to the SSA. Profits and losses will still be tracked and reported.

I am correct. Payroll matters may be reported but not taxed. Profits and losses will always be tracked. That is just good business sense. This is not tied to having to go through all of the BS with the IRS when running a small business.

3) Product not taxed until bought by consumer - Multi-tier tax structure from vendor company to consumer company vanishes

No change. Business-to-business transactions are not taxed now.

BULLS**t!!! Everything that a business buys to use for their subassembly is taxed. When that business sells their subassembly, it is taxed. When a business buys that subassembly to use for their subassembly, it is taxed. The final assembly price includes all of the previous taxes PLUS the final sales tax.

IRS crap - Hiring attorneys to interpret the new changes, hiring accountants to find all loopholes that you can benefit from, etc.

You don't think there will ever be loopholes in the NRST?

Name a theoretical loophole. Besides, the NRST would abolish the 16th Amendment, a very good thing, and would abolish the IRS, also a very good thing.