You pay one heck of a lot more than that. And I'm not just talking about income taxes, etc. The costs of our current system to business are built into the cost of everything you buy. Well, at least anything made here. Foreign produced products pretty much get a free ride in that regard.
The NRST would turn that around. Our products would suddenly become much more competetive in the world market, and imports would finally be taxed - at the point of sale.
Listen, I’m all for lowering taxes, but isn’t a little silly to say that the U.S. dollar is losing strength because of taxes when we are comparing it to the euro?
Oh, a National Retail Sales Tax.
yitbos