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To: AzaleaCity5691
There are going to be enterprises who if they figure out a way to get away with it, will start under-reporting to the tax people. If you don't officially record a sale, don't give a receipt or anything, then how will the government know this sale has occured.

Which shows your complete lack of knowledge about where the vast bulk of sales taxes are collected now, and would continue to be collected under the NRST; ie, from large commercial retail enterprises like Walmart, etc.; who would have no interest at all....zero...in avoiding paying the tax.

545 posted on 06/11/2005 3:14:12 PM PDT by EternalVigilance ("Quality of life": Another name for the slippery slope into barbarism...)
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To: EternalVigilance

I know where the vast areas of sales taxes are collected right now, I can't help but know whenever I read a receipt for chrissakes.

And no legit business is going to cheat, but as you should be aware, not every establishment in this country that is listed as a business plays by the rules. That's why we have the BBB, so when we see a violator, we can report them.

You'd be surprised what people do today that qualifies them for a business license.

Not everything in this country is a chain or franchise.

And in this whole grand tax overhaul scheme, have you ever taken the time to look at the finances of state governments that run primarily on sales tax revenues.

Sales Taxes, in terms of actual taxes are the single most economy senstitive tax scheme out there, and that ain't voodoo economics.

Income, for the most part, that's a stable variable, now property values will never really decline in numerical value, though they can decline in real value. But all and all, a somewhat stable variable. Sales Taxes are not stable. If you have a year where sales are 50% down, then guess what, your tax revenue off those sales will be 50% down, meaning, you're in a deep financial hole. I have yet to see anyone here explain how this NRST will be buffetted against the fluctuations in consumer activity.


553 posted on 06/11/2005 3:40:02 PM PDT by AzaleaCity5691 (Farragut got lucky, if we had been on our game, we would have blasted him off Dauphin Island)
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