FLAT TAX MAY BE A "GO"

Fiedor Report On the News #312 ^ | 8-14-04 | Doug Fiedor

[inquest]

Use, consumption, sale etc. of personal property is seen as taxable in regard to exercise of a particular single power over property incidental to ownership, which distinguishes the carriage in the case of Hylton.

So would this apply to real property as well? Could, for example, the sale of one's home (prior to the 16th, that is) be taxed under the rules of an indirect tax?

[ancient_geezer]

Could, for example, the sale of one's home (prior to the 16th, that is) be taxed under the rules of an indirect tax?

I have found nothing to indicate otherwise, all that is required as far as I can determine is wherther or not it is politically feasible for the federal government to get away with it.

If you can have an excise tax on gross sales value as in an estate tax, the sale of land or a house is just another exchange or event transfering property open to taxation as an excise.

As held discussing the nature of estate taxes as an indirect tax in:

KNOWLTON v. MOORE, 178 U.S. 41 (1900)

• 'indirect taxes are levied upon the happening of an event or an exchange.'

 

A LAW DICTIONARY
by John Bouvier, Revised Sixth Edition, 1856:
EXCISES. This word is used to signify an inland imposition, paid sometimes upon the consumption of the commodity, and frequently upon the retail sale.

[WileyC]

There already is a mechanism for helping lower to middle income families. Simply make the first 10,000 per adult deductable, first 5,000 per child deductable. Family of 4 would then only be taxed on money made over $30,000.

True, but with the current in place, individuals and corps with lobbyists will still be able to affect the rest of the tax laws get loopholes for their clients. By switching to a consumption tax, they lose this power entirely (at least on a national level.)

Other benefits of a NST are that those who don't pay any national taxes currently (illegal aliens and other criminals) would finally be supporting the rest of us. And, as illegal criminals they wouldn't even be getting the refund checks that honest Americans would be getting! Just this point alone would get it through CA and TX I think!