This would also replace FICA, a combined 30% tax on you and your employer, which ultimately all comes out of your pocket. So any way you look at it, a 23% national sales tax is a huge tax cut for everyone, eliminating the need for a large IRS bureaucracy and catching billions in black market money because criminals buy stuff too.
It’s a win for everybody and if Trump had proposed it I bet you’d be all for it.
No.
For people who earned and saved and who now want to spend more than they earn it's a tax increase.
No thanks. It's no a huge cut for everybody.
And I would image for low income people it would be a tax hike. I can't see the Senate ever voting for that.