Of course it has zero chance. I don’t think the legislature will let go of it’s “social engineering” using the tax code. But it is a good starting conversation. This is “out of the box” and original. Question though - a 9% sales tax and we get rid of Social Security tax? As a self-employed person I’m paying over 13% now! And if corporate tax goes from 25% or more to just 9%, won’t the cost of goods go down as well? Just wondering.
I'm not in favor of giving this government one more dime, much less new ways to extort more.
As my tag says, we don't have a taxing problem, we have a spending problem.
Fix the spending problem first and THEN maybe we'll work on the tax code.