which is where the fairtax scam fails utterly.
In order to know where the sales are, the IRS(whatever successor name) will still require the constant access and audit power. They will even, based on prior behavior, impute the level of business you should have and should pay.
Instead of 50 employees being the ledger, it will be all the individual transactions. Much more paperwork than simple quartly deposits.
Past history will show how easy it will be to avoid taxes. Those with the means will do so easily, frequently, and totally legally. This will shift the tax to the middle class where the prebate will now move dependence on a goverment check up the ecconomic scale. Nancy Pelosi and Ted Kennedy will be happy.
Have you ever run a business ? You collect a % of your sales for state sales tax. You then report and send that money to the state on a monthly basis. If they think you are keeping those taxes they audit you.
What is different than what most businesses do now ?
In your world do retailers not account for every transaction? Nice work if you can get it.
I am amazed at your ability to generate BS. You have a talent for it.
Nothing you say is based on research or fact, just blathering. You think people can’t see through your lies?
I mean more paperwork? Huh? Retailers already print receipts for every transaction. Receipt machines have an easy code access to add a sales tax. And you’re talking about some absurd comparison as payroll to transactions?
Ever try selling Used Cars? I think you’re a natural!