"Substantial, sudden change like that is NEVER good for an economy."
The only thing better than massive numbers of Lawyers out of work in the US is massive numbers of Laywers ceasing to exist.
Heh, heh. I agree with you.
I seriously would LOVE a flat across the board federal sales tax with no exemptions whatsoever. The rate would be the same on EVERYTHING except maybe food purchased for other than immediate consumption - in other words, food you buy to prepare at home. This would somewhat cusion the poor. Being as flat as it is, it would also then incent people to earn more money becuase there would be no fear of greater and more complex taxes because of the increased income.
I also firmly believe the sales tax, in any simple form, will never, ever happen. There are just too many politically powe3rful groups that would find themselves with no employed members if this actually happened.
I think this entire debate is a diversion.