I would prefer NRST. Then, I would not have to report my income to the government.
How much is that amount of freedom worth to you?
It'll be a dollar figure. :)
There are worthy arguments for both sides, but I prefer the flat tax since, even though the government will know how much money I make, the Tax Revuenue Bureacracy in whatever final form it happens to take will be much smaller and more easily managed in the case of a flat tax.
A simple calculation of (Total Taxable Income) X (Tax Rate) = (What You Pay) can be done by pretty much anyone with enough brain power to have an income earning job. This completely eliminates several layers of government middle men, as well as the need for most tax lawyers and loopholes.
NRST might hide individual income information, but it gives the government a direct way to interfere with business at every level of production, with, IMHO [FWIW :) ] much more devastating possible consequences.
Also, if NSRT is enacted without some sort of constitutional amendment banning an income tax re-enactment, we could very well end up with BOTH 50-100 years down the road.
Plus, converting to a flat tax will only involve a dramatic paring down of the current system, not a total destruction and reformation. It will be dramatic, but not nearly as chaotic as what would be required to gear up the tax system to deal with a NRST.
Again, JMHO. That and 50 cents will get you coffee in some places. :)