I am so fed up with our current tax system that I would gladly take the retail tax or even a flat income tax. With the retail tax, food and medical items should be exempted from all tax.
But in the long run it works out the same. If I have to go 16% if I tax all but food and medical, or if I tax 10% without food and medical, then it all balances at the end of the accounting sheet.
My only fear would be those exclusions would then be used my unscrupulous folks to claim ALL their purchases were somehow food or medical.
At the end of the day, though, I'd rather have an sales tax and be rid of the income tax no matter the decision on food and medical.
I disagree, though I understand the sentiment. I believe that if we were to move to a retail tax, nothing could be exempted for fear of the number of exemptions increasing over the years. A whole breed of lobbyist would be created, dedicated to showing congressmen why a certain product should be exempt.
With the naional sales tax, all necessities are untaxed.