[tvn]

Pleaase note that the proposed combined purchaser and seller tax is less than 1%. This is an incentive to maintain all current business structures.

[kevkrom]

For each transaction. All this does is front-load all of the taxes onto the production side of the equation (severely weakening the position of U.S. companies as compared to their competitors) while falsely giving the appearance of a low rate to the consumer.

I imagine tax-and-spend liberals would love this, because who's going to get worked up over, say, a 0.1% tax rate increase (which, under a nightmare like the APT would be a massive increase)?