I support the NRST in principle, but I would need to see the 16th Amendment repealed before I would be comfortable with an NRST in fact.
Otherwise, I fear we would end up with BOTH.
Worse yet, there will be an IRS agent sitting next to every cash register. I have yet to see the NRST people address exactly who is supposed to collect that sales tax.
just curious, would repealing the 16th amendment (I agree w/you, it has to happen before NRST/"fairtax") affect state income taxation at all? or is it only needed for the federal income tax?
Amen to that. The income tax was advertised to be: ...1 percent on taxable net income above $3,000 ($4,000 for married couples), less deductions and exemptions. It rose gently to a top rate of 7 percent on incomes above $500,000.
Oh how far we've come.
Unfortunately, the Imperial Federal Government doesn't need the 16th Amendment to impose an Income Tax. They had an income tax during the War of Northern Agression (aka "The Civil War"), imposed by that paragon of virtue, Abraham Lincoln, without the 16th Amendment.
There is no law on the books that would prohibit a NRST on top of an income tax now. However, once the FairTax is the law of the land, taxation of income, estates and gifts will be prohibited.
No congress in their right mind, would totally abolish the income tax system without a successful, proven, revenue generator in place. Once the success of the FairTax is realized...taxing "income" will be irrelevant and repeal of the 16th Amendment would fly through the states for ratification. Repealing the 16th will be easier, not harder since the amendment no longer has any real meaning - it is an anachronism.
my thoughts exactly