Thanks for your informative reply.
Also any google search on total individual and corporate taxes will turn up the government's own accounting such as:
http://66.102.7.104/search?q=cache:svpUXRx9pcYJ:www.house.gov/jct/x-83-99.pdf+total+federal+corporate+income+tax&hl=en
The last year listed over a trillion $$$ in individual and corporate tax receipts. The link also breaks it down into individual tax receiptes of $879 billion and corporate tax receipts of $184 billion.
Some of the detractors in this thread think individual tax receipts are not included in product pricing. The last time I checked, employers were required to withhold payroll tax and give it over to the government on a quarterly basis.
But this payroll tax withholding is paid in the form of gross pay by the employer to the employee. So the employing company still needs to account for it in the pricing of their products.
Suppose that the income tax were to be abolished. Say the employer reaches a deal with employees, that is, one half of former payroll withholding will then go to the employee's pay and one half to the company for new competitive pricing purposes.
Would you expect as a result for US business to be more competitive with the NRST?
The total amount spent on federal tax compliance is about 13 percent of the total HP Corporate Tax Department budget. It is interesting to note that HP’s total costs of local (U.S.) sales and use tax compliance exceed its federal income tax compliance costs.