[FreedomCalls]

If it's good enough for God (10%) then an equal percent is fair everywhere else.

It won't be equal. Every rich guy will create a personal corporation that every purchase he makes will the laundered through. There will be lots of sham "general stores" set up to launder certain people's purchases through. Those to poor to do so will have to pay, the rich won't. It's the same VAT scam that poeple use in Europe. Lots of phoney corporations that claim to do reselling that don't. Americans do a little of this now. How many FFLs do you know that skim off some of their stock for their personal collection? Stuff that has had no sales tax paid on. Does your local car dealer drive a tax paid car or does he drive a "dealer" tagged car that no tax has been paid on? This tax will be evaded.

Still, no one has figured out how not to double tax people who have savings when that saved money is spent.

[xzins]

Everybody rings up sales at the cash register. It doesn't matter who walks through the door of a retail outlet and tries to buy anything, it'll be taxed.

There are always cheaters and there's always an effort to find and catch cheaters. I guess some in the IRS will keep their jobs.

There are NRST sites that explain your concerns. Maybe someone knows it and can post it.

[FairOpinion]

Still, no one has figured out how not to double tax people who have savings when that saved money is spent.
=====

A lot of people, if not most people have their largest savings in their 401K plan and pension.
When they retire and start to pull money out of there, it gets taxed as ordinary income.

Just think, if they will be able to pull out the money, NOT pay taxes on it, then they will easily afford to pay the consumption tax.

Abolishing the income tax and substituting it with a consumption tax is a great idea.

It is fair, and also, when Congress raises taxes people will see it immediately and vote accordingly.
As long as taxes are taken out of paychecks automatically, people don't even realize how much taxes they are really paying.

http://www.fairtax.org

[ovrtaxt]

It won't be equal. Every rich guy will create a personal corporation that every purchase he makes will the laundered through. There will be lots of sham "general stores" set up to launder certain people's purchases through. Those to poor to do so will have to pay, the rich won't.

It doesn't take much money to start a company. The savings in taxes more than absorb the cost. I submit to you that money isn't the limiting factor, it's foresight, discipline and intelligence. Those with a slave mindset will continue to be slaves no matter how we try to free them.

[B4Ranch]

Setting up a corporation isn't that big of a deal nor that expensive in Nevada.

[Principled]

Americans do a little of this now.

A "little"? HAHAHAHA

BTW your double taxation objection is not valid.