No. Production and consumption at the retail level is the essential element in an economic sense.
Unless the tax paying base is broadened and production is encouraged, we end up 94 million americans not working and over 50 million on food stamps.
50% of the population pay no federal income tax. There is a real danger of the system collapsing if we do not significantly broaden the tax paying base.
Eventually, the producers ‘Go Galt’ and we have big problems like Greece.
Well, that thinking shows a lack of understanding of the reality and consistent history of government interference in the economy shrinking economic growth and creating more poverty.
It also shows a lack of understanding of the problems of allowing government intrusion into our lives and enterprise endeavors.
You are talking about VAT - value added tax - tax upon value that is added to a product BEFORE the final purchase at the cash register. There’s no way we should allow that and the whole question of NST should be Moot anyway because the 16A is intact.