[Your Nightmare]

you are not saying what the better plans are

Flat tax or VAT.

you are not saying what the lies and half truths are

How much time ya got? The biggest two are using the tax-inclusive rate and that prices will drop 20-30% while we take home what use to be deducted from our wages.

Can't happen.

[socialismisinsidious]

You've heard of the EU right? VAT hasn't exactly been a good thing there....
No offense but I thought that no one with half a brain would want a VAT.....


FICA is deducted from your gross pay. If FICA is no longer deducted then how could you not take home your gross? I'm pretty sure that people would notice if there were no more federal taxes and yet their pay check didn't change...just a guess mind you. Is it that you believe that there are no embedded taxes or that you don't believe in the free market/competition (in terms of the price reduction)

[ancient_geezer]

Like this New Idea for This Side of the Pond floated by the head of House Ways & Means, Bill Thomas? That Brookings weighs in on with 14% to replace SS/Medicare payroll taxes, A New Money Machine for the U.S.; The old ways can't keep up. We need a value-added tax to meet revenue demands by Bruce Bartlett?

Or do you mean this 5% VAT, H.R.15, by Rep Dingell, John D. [MI-15], to provide a program of national health insurance on top of everything else?

[CSM]

"Flat tax or VAT."

Please explain to me the advantages of a VAT over the NRST, or for that matter over the current boondogle we have today? If you truly support a VAT, then your motivations are clear to anyone with any understanding of economics. If this was an error, then disregard that statement.

Why do you prefer to keep the cost of government hidden?