I always liked the idea of a National Sales Tax to get at the illegal monies made in this country from the various illicit activities. Drug dealers, pimps and bookies do not file with the IRS but they do buy. Now you have access to those dollars that otherwise go unreported.
And what a boon to customers who will have more money in their paychecks, once taxes are removed, to spend on illegal products and services.
So how do you get to the illegal monies of the underworld after the FT becomes law.
They paid no Fed Inc Tax on it before or will they after the FT becomes law.
Their spending will not change one iota after the FT would become law.
Why would it change,the prices on consumer goods won’t change after the FT,they will be the same.
Only change will be the sales tax amt will now be paid by the consumer as a seperate tax after the good or service was reduced by elemination of the “embedded’ tax previously included in the price to the consumer before the FT