Quote:
Originally Posted by GatorB
WASHINGTON (AP) ? Replace the federal income tax with a 23 percent national sales tax, GOP presidential candidate Mike Huckabee says.
Yes let's add another 70 cents to $1 to a gallon of gas. Not to mention everything else.
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Actually, the idea isn't terrible, it is 100% user pays, and would eliminate huge amounts of government waste (that small agency called the IRS), replacing it with an agency that would only have to deal with retailers, and not every citizen. It would also lower the costs to operate a business, because you wouldn't have to be tracking payroll and all that stuff.
Short term it would appear to push prices up, but people would also be going home with a bunch more on their paycheck every week, so it would all balance out.
Too much of a shift, so it is unlikely that anyone would do it.