Actually, numbskull, that's what's happens today. The costs of the income tax system are built into prices, but hidden.
Under the nrst, any tax paid anywhere - whether it be Visa or for a 12 pack, the amount of tax is shown on the receipt.
That is not to say simply knowing the amount is what is most important - it is not. The difference maker is that consumers will have to pull green money out of their pockets everday to feed the government beast... and they'll be reminded of that at every purchase and on every receipt.
Numbskull.
and they'll be reminded of that at every purchase and on every receipt.I thought prices would be reduced...where's the reminder?....
Oh I know, the same ones who never look at their check stubs will somehow find it necessary to look at the their receipts just before they throw them away in the bags they carried them home in.
Do you know how much you paid in sales tax last year?