And, exactly what will there be to audit? With no deductions there isn't much to audit is there? If you're the typical wage earner with mostly W-2 or 1099 income, what's there to fear from an 'audit'?
Plenty, when the IRS suspects cash transactions hiding income, and it digs into your finances to determine whether or not you have a little side business going. With only a report card sized return, that audit becomes wide open.
I suggest you read Vern Hoven's take on the Flat Tax, before you start throwing records out of the boxes in your closet.
mash u'r clicker here ==> Flat Tax as Seen by a Tax Preparer
by Vern Hoven
With an NRST, OTOH, every business owner in the US will be faced with audits of their receipts and tax collections. The IRS may be renamed but there will still be jobs for all those bureaucrats checking on compliance with their new tax collectors, ie, the businessman.
Actually only retail business will be subject to audits by their State sales tax administrators, just as they are today, no change there as they already are subject to those sales tax audits.
What businesses won't be saddled with are the kind of audits that are typical of income taxes that dig underneath grandma's stockings sniffing out the details of that business expense they figure you should not have taken in your weekend sideline under the "Flat Tax".
"lenty, when the IRS suspects cash transactions hiding income, and it digs into your finances to determine whether or not you have a little side business going. With only a report card sized return, that audit becomes wide open."
And, when the government begins to believe non-compliance with the NRST has become a problem, just how are you going to deal with the 'inspectors' who arrive to ensure that you've paid the NRST on every damn thing you own? You'll just love those 'audits'.