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To: Always Right; SOSCEO

The drug dealer gets to pocket all of his receipts.

Yep just as he does today under the income/payroll tax system.

That is where the drug dealer cheats the sales tax system, which is about identicle to how he cheats the income tax.

As you point out.

The difference lay when he purchases anything under the NRST from a legitimate business.

That drugdealer/consumer then pays the full tax. Under the income tax system today, when buying the same thing, he pays only that portion of federal tax per-se that happens to get passed on in the prices of goods and services.

505 posted on 06/11/2005 11:06:27 AM PDT by ancient_geezer (Don't reform it, Replace it!!)
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To: ancient_geezer
Under the income tax system today, when buying the same thing, he pays only that portion of federal tax per-se that happens to get passed on in the prices of goods and services.

Which you have been telling me for years is 30%.

507 posted on 06/11/2005 11:08:52 AM PDT by Always Right
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