The national sales tax is one more playtoy in the Democrat’s arsenal. I support a consumption tax in theory. But in the hands of Washington politicians addicted to spending, it would quickly spin out of control.
The Steve Forbes approach from a decade ago is far more plausible: Single flat rate of 17%, while preserving deductions for home mortgage and charitable contributions. If Cain would sign on to something along those lines, his stock would skyrocket far beyond what it already has.
Your “Single flat rate of 17%” would quickly spin out of control and become 97%!
I also have no problem with a flat tax on income. I was simply disputing the straw man argument that sales tax is dangerous in Pelosi’s hands. Every freaking tax is dangerous in Pelosi’s hand!
My point is sales tax is the most visible tax which people see every time they buy anything. Ask 10 friends and family of yours what is the percent tax they pay on income, social security, medicare, and sales tax at the stores. You will be surprised at the results. Being the most visible tax, sales tax is the hardest for politicians to sneak through. My wife will not shop in a nearby mall because their sales tax is 0.25% higher than our town. But she has no idea what we pay each year in percentage terms to IRS.