Why would NRST cause GM to fail? New car prices will respond to the market, and GM will be able export at a lower price due to decrease of embedded taxes...
...Read the bill, you will need to get an exemption for your purchases, and will be subject to audit....
And who audits? The X million guys who just had the sign over their offices changed from "IRS enforcement" to "NRST audit dept"...
Yeah but with about 80% less collection points....what tax system do you propose that has no audits or enforcement?
While we're at it, what about real estate? What sort of protection does anybody outside of California have from rate increases which might arise in a declining real estate market? If I buy a used house, is it not taxed? What rate increases are you talking about?. Is a used house different from a used car? Property tax rate increases, the ones Californians are essentially immune to because the assesment only changes to new value when the property changes hands.
What does that have to do with NRST? What are your "assumptions'?
In general, my dislike of an NRST is primarily from the standpoint of it not starving out the politicians fast enough.
So its better to keep what we have them put them on a diet? Do you have a proposal that is passable?
I'll probably be more inclined to agree with it after the economic collapse that hovers over us at the moment (I'm a "Gloom and Doomer" to some). Note the tagline, it's what we need to get back to at some point...
Sorry you are so full of doom and gloom, we could use some help in saving the Nation, IMO NRST is a start,part of a plan,something realistic and doable. It beats watching the water rise and screaming for FEMA to help without being prepared ahead of time.
what tax system do you propose that has no audits or enforcement?
Uh, as far as individuals go, how about the one that was working pretty well before 1913...