VAT scares me but NRST sounds like a good replacement for the IRS.
NRST yes. VAT no way in He!!
I'll see yer tax simplification and raise ya an elimination of the IRS... ping!!! (ha ha ha)
If a national sales tax was used how do you acount for the heinz's,kennedy's, and gates of the world who already have their considerable nest eggs? How do you account for interest on their billions? I would be real scared about the possiblity of them turning into a new breed of emperor and would insist on the elimination of all these trust funds and would also insist on a severe death tax for these billionaires and some sort of limitation on before death transfers. A sales tax structure could be the underpinnings of a new rulling class, far worse than anything we have now if such money is allowed to accumulate. Just some things which would have to be taken into account in my view. I'm imagining Little George Soros the VIII in 2050 and its causing me chills.
This was bandied about 10 years ago during the Gingrich Revolution. Nothing new here. [Yawn]
I'm really disappointed to see so many Freepers getting excited over this. Rather than wasting our efforts trying changing the way taxes are collected, I'd much rather see Bush and the GOP put their efforts into actually REDUCING the size of the bloated federal budget...shrink government down first, then start making real tax reductions.
Nonsense.
Pertains to what we were discussing during the traffic jam. Can't happen soon enough as far as I'm concerned.
Destruction of the Blood Sucking, Over Taxing B@$t@rds Alert!!!!
Speaker of the House Dennis Hastert explains in his new book, to be released on Wednesday...
Oh, now I get it.
There is too much money to made made from the sheeple for this to go through.
BUt there are over 43 million people who do not even file any more and that may have something to do with this proposal.
Um...what's an NRST?
Thanks
placemark (and crossing fingers)
Woo hoo!! Great news!! A great big Dubya to dump the IRS bump!!
For that reason Republicans need to keep increasing the deficit until we have reached that crisis (we are close).
BUMP
They need a VAT to pay for all the free sh*t they've been giving away, starting with the incredibly idiotic free drugs.
No way on the planet will Congress give up the IRS-that's how most of them get rich. But they can and will ADD a VAT if they can get away with it.
AKA "Out of the frying pan...."
A VAT-tax is a sucker's tax! I really don't care *HOW* they collect my money - only that they collect *LESS OF IT*.
Here's hoping folks! I wanna see the IRS disappear as much as anyone. I would love to see President Bush say as much during his re-election campaign, even during the convention.
Fair Tax bump.
41 democrat and RINO Senators make all this talk of IRS elimination, NRST, flat tax, etc. a waste of time.
I would love to see it while I am alive. Of course I would like to win the lottery too.