[rapture-me]

That's the basic premise behind a proposed national sales tax, just one of many ideas for overhauling the nation's tax code. Under a bill co-sponsored by Gutknecht and more than 50 others, all federal taxes on income would disappear, but consumers would pay a 23 percent federal sales tax on their consumption - on top of existing state taxes.

While I'm all for getting rid of the income tax, this proposal would also eliminate the corporate tax. Here in the USA, Corporations pay tax on profits, individuals pay tax on income. If this is adopted it would shift ALL tax burden from corporations to individuals. Somehow I'm not completely sold on the idea yet.

[Oberon]

If this is adopted it would shift ALL tax burden from corporations to individuals.

If you can point out to me a corporation that is neither owned nor staffed by individuals, it'll help me to understand the objection.

[kevkrom]

If this is adopted it would shift ALL tax burden from corporations to individuals.

All taxes are borne by individuals. Corporate taxes are eventually borne by individuals via higher prices, lower return on investment, and/or lower wages.

[ThinkDifferent]

Corporations pay tax on profits, individuals pay tax on income. If this is adopted it would shift ALL tax burden from corporations to individuals.

Corporations can't pay taxes, only humans can. Every tax on a corporation is paid by some combination of its employees, customers, and shareholders.

[ancient_geezer]

If this is adopted it would shift ALL tax burden from corporations to individuals. Somehow I'm not completely sold on the idea yet.

You are overlooking something in that, Business must be able to finance it taxes and all the cost associated with them from of sales to you or go bankrupt. You pay for it all in the prices for goods and services today.

With an NRST you get the full picture of just what government extracts out of you, along with every other voter. That to me makes for a growing constituency clammering to curtail the horrentdous growth of government we are saddled with.

Taxes & Government Spending:

• "The income tax in effect makes us vassals to the government – the politicians decide how much income we can keep. No mere “reform” of this slave tax, such as flattening the rate, can correct its fundamental denial of control over our own money. Only the abolition of the income tax itself will restore the basic American principle that our income is both our own money and our own private business - not the government's."

• "Replacing the income tax with a national sales tax would rejuvenate independence and responsibility in our citizens. True economic liberty and moral revival go hand in hand."

• "A national sales tax would also put the American citizen back in control of national fiscal policy. The best way to curtail government spending is to cut taxes, because they can’t spend what they don’t get. But with a sales tax, we could deny funds to a spendthrift government – and give ourselves a tax cut – whenever we make the private choice to alter our spending and saving habits."

[CSM]

"Corporations pay tax on profits, individuals pay tax on income.."

Corporations don't pay taxes. Their customers do in higher prices.