By the I and YOUR, I'm assuming you own a business?
Do you understand that under the NRST, your Federal Corporate/Business Taxes will end? No more, quarterly filings, penalties, or audits. No more withholding for Social Security + employee match, Medicare, etc.
How much time do you spend complying with the IRS regulations now? How much money do you spend on CPAs Accountants etc to comply with that rats nest of a tax code?
I did, yes. There is also profit in selling a business.
Do you understand that under the NRST, your Federal Corporate/Business Taxes will end? No more, quarterly filings, penalties, or audits. No more withholding for Social Security + employee match, Medicare, etc.
That's just it, I don't ever belive it will be so and it is a folly to expect it. Then again, Reagan did defeat the Soviet Union, so miracles do happen.
Having lived in California that has had sales taxes since I can remember, I have been personally dissuaded from many a purchase by the sales tax on an item that I otherwise could afford and vice versa by customers. The regression in sales taxes is a fact. There is no way I would go along with an NRST.
I would, however, concede to the voluntary choice of a taxpayer selecting a flat tax or, filing a progressive return with deductions and exemptions, as long as it did not result in a tax that was less than the flat tax. I may not be as pro-choice regarding abortion, but I am about taxes. A sales tax to me, however, is the equivalent of abortion at birth.