Quote:
Originally Posted by RawAlex
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.
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You are so off. People will have LESS money to spend. Do the math. This only helps those that are rich. A guy with a wife and 2 kids making $10 an hour already gets ZERO $$$ taken out of his check in federal income taxes if fills in his w-4 form correctly. How does adding 23% to everything he buys give him more money.
The same guy making $50K a year would have to spend less than 11% of his income on items subject to this tax to come out ahead. I'm 100% positive it would be higher than 11%.
If this pased the economy would TANK.
FACT: # of low middle income voters > # of higher income voters. No one is going to vote for more taxes.