To: jimthewiz
So you will have more money to spend and some of it will go to pay the sales tax.My view is that you will have less to spend. Less than now, with income and sales taxes combined. With a consumption tax, government has no incentive to promote your income, only your spending. Filling out a 1040 may be mandatory now, but under a national sales tax, if you don't spend enough, you will be fined.
There's a huge paradox here that is understandably difficult for some to comprehend. Reform the progressive tax, including a Taxpayers Bill of Rights (that is federal and state), have the states do the collection and no federal filing. Taxes. They'll never feel good, just hurt less.
48 posted on
11/18/2004 12:22:28 PM PST by
elbucko
( Feral Republican)
To: elbucko
Filling out a 1040 may be mandatory now, but under a national sales tax, if you don't spend enough, you will be fined. Gee, I didn't see that in the bill anywhere. Care to point it out to me?
54 posted on
11/18/2004 12:36:10 PM PST by
kevkrom
(Power corrupts. Absolute power corrupts absolutely. But it rocks absolutely, too.)
To: elbucko
but under a national sales tax, if you don't spend enough, you will be fined.
Do you have some inside information? You are the first one that I have heard that suggested that.
Do you have a link to any other reference or is this all your supposition?
136 posted on
11/18/2004 3:06:38 PM PST by
jimthewiz
(California conservative in a bright red county)
To: elbucko
"Filling out a 1040 may be mandatory now, but under a national sales tax, if you don't spend enough, you will be fined." Oh? Please point out to me that particular provision of H.R. 25.
150 posted on
11/18/2004 7:59:38 PM PST by
Taxman
(So that the beautiful pressure does not diminish!)
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