BWAHAHAHAHAHA!
Define income.
I don't care how far you have to cut back spending I want my money and benefits. If you can't be trusted meet your obligations we might as well be living in some open dictatorship. That we are even discussing this is a disgrace.
"Define income."
How about payroll wages? Minus some very commonly agreed-upon deductions?
If you enact a 30% sales tax, you don't think a black market for goods will emerge? Remember Prohibition? Federal agents didn't stop liquor from flowing, and they won't stop black-market computers and tv sets from travelling from Tijuana to Los Angeles, where you could buy them on the street for a 30% discount to the price at Circuit City or Best Buy.
Enforcement would need to be massive with a "Fair Tax."
sorry, we are still waiting to define "is". once bill gets back to us on that we will work on this whole "income" thing.