However, being a decsendant of bootleggers, I can see certain areas which would be subject to mischeif by unsavory characters.
For instance, wholesale suppliers and logistics companies.
The transport and distribution areas would be subject to pilfering for sale on the black market,thus tax free. Thats human nature.
For instance, wholesale suppliers and logistics companies.
wholesale suppliers and logistics companies neither collect nor remitt the NRST with respect to their normal customers, other businesses.
The transport and distribution areas would be subject to pilfering for sale on the black market,thus tax free. Thats human nature.
So it is today, no difference. Theft is still theft my friend. That's human nature to, especially when one obtains more than 40%+ advantage out of the income/payroll taxes through illegal unreported trade.
The the NRST only provides a piddling 23% return at maximum for such shennanigans. Lower profit, higher risks of getting caught, you figure the percentage in that. Such activity is hardly going to increase dollar volume over what is happening today under the income/payroll tax system.