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To: Your Nightmare
Because the rate will have to be adjusted up to account for evasion. If the rate goes up, the economy suffers.

And the GREAT thing about the NRST, free tax increases! When revenues are short, the NRST automatically kicks in and the sales tax goes up! Yippiieee!

297 posted on 02/15/2005 6:54:58 AM PST by Always Right
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To: Always Right

"And the GREAT thing about the NRST, free tax increases! When revenues are short, the NRST automatically kicks in and the sales tax goes up! Yippiieee!"

Is it easier to increase taxes on 50% of the population or on 100% of the population?


299 posted on 02/15/2005 6:58:20 AM PST by CSM ("I just started shooting," said Gloria Doster, 56. "I was trying to blow his brains out ....")
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