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Your numbers don't work out. For example, $130,000 income. You pay $30,000 income tax. You spend the remaining $100,000 on five cars that cost $20,000 each. The $20,000 includes roughly $4,500 in hidden taxes passed on to you from the chain of suppliers to manufacturers to delivery/transport to car dealer.

Current system: $30,000 income tax + $4,500 "hidden taxes" = $34,500 federal revenue.

Spending that same $100,000 under a NRST you'd pay about $15,500 for each of five cars -- $4,500 of hidden taxes have been eliminated --totaling $77,500 and fork over $22,5000 for the NRST. Your $100,000 savings goes just as far with a NRST as it does with the NRST.

NST system: $22,500 federal revenue.

Unless you plan on trimming the fed government back you are not supporting the current level of taxation. You are trying to fake the numbers. Do them again revenue neutral.

You are also leaving out the fact that my $100,000 has already been taxed as income. So when I go to spend it I will have paid a lot more. Using your numbers:

$130,000 income. Paid $30,000 income tax. I saved it all. It is in the bank. I go to spend it after you implement your NST and I end up paying $22,500 for the NST. That already is $52,500 in federal taxes before factoring in any "hidded taxes.". Way more than what you calculated.

And don't forget to factor in my state sales taxes. You will bankrupt my senior years.

You aren't getting it. The nrst isn't another tax - it's a replacement of existing tax.

Your chicken little is based on ignorance of the bill.

You're all over the place with wild, random assertions. Pick one and let's get to the bottom of it, eh?

$130,000 income. Paid $30,000 income tax. I saved it all. It is in the bank. I go to spend it after you implement your NST and I end up paying $22,500 for the NST. That already is $52,500 in federal taxes before factoring in any "hidded taxes.". Way more than what you calculated.

You earned $130,000 income. You paid $30,000 in taxes. You buy five cars at $20,000 each. Within each of those $20,000 car receipts is $4,500 in hidden. You paid $52,000 in taxes under the income tax. You'd pay the same amount under the NRST.

Your "argument" of using revenue neutral was you obfuscating. Perhaps if you dumped your bias you wouldn't have made the simple error of not understanding that you're already paying $52,000 in tax under the income tax. Plus, your financial privacy is invaded under the income tax. But maybe that's what you want everyone else to succumb to as well.