Again, I am all in favor of a federal sales tax if implemented in two ways:
1. The income tax would be repealed, requiring a constitutional ammendment to re-instate it.
2. It was absolutely flat. No refunds, no reason for the federal government to even concern themselves with how much income you collected.
I am not interested in replacing one beauracracy with another one, full of exceptions and loopholes. I want this tax SIMPLE and COMPLETE. I want the taxpayer to see just how much tax they are paying. No hidden taxes. I also want the ability to control my taxes in ways other than reducing my income.
I'm all for the change. But I firmly side with Greenspan that it isn't going to happen. As I used to say when I was in high school (1972), the US is like the proverbial farmer with his arm caught in a piece of machinery. If he does not pull out his pocket knife and cut his arm off, his whole body is going to be drug in and he will be killed.
Nobody has the political will to unsheath the blade. The farmer is going to die.
"Nobody has the political will to unsheath the blade. The farmer is going to die."
“I discussed the importance of abolishing the income tax because of its tendency to form a habit of servility in the souls of a people that accept it. Servility of soul is bad not only in itself, it is also an open door through which will soon walk the abuses of ambitious government power. Leaders who find themselves with governmental power over a servile people will be quick to conclude that such a people exist to serve them.”
Alan Keyes “The Power of the Purse”, WorldNet Daily, August 27,1999