I still have to see how they will handle the cost of doing business like buying new equpment and machinery.
Business purchases are not taxed under the NRST, nor do business pay income or payroll taxes. All income is exempt from taxation. What is there to deduct from?
Without those write offs no one is going to be buying anything new and will hold on to the old stuff as long as they can.
In otherwords you are suggesting business will not produce, sell or make a profit without an income tax to make them do it????
You can't eliminate business expense tax write offs from tax returns. It's just common sense.