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Old 11-06-2004, 12:39 AM  
hydro
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Join Date: Dec 2003
Location: Dirty 3rd
Posts: 4,216
what do you think about a national sales tax?

It looks good on paper but how would it work out in real life. Would internet sales be taxed?

copy and paste of HR 25 and S 1493

Imposes a 23% (tax-inclusive) sales tax on the purchase of new goods and services in the U.S.

Lets workers keep their entire paycheck and retirees keep their entire pension.

Abolishes the IRS and ends all audits of individual taxpayers.

Replaces the federal income tax. Frees individuals from ever filing a tax return again.

Replaces all payroll taxes including Social Security and Medicare taxes. Current Social Security and Medicare benefits would not change.

Replaces corporate and self-employment taxes.

Eliminates all hidden federal taxes.

Provides a universal rebate equal to the sales taxes paid on essential goods and services to ensure that no American pays taxes on necessities.

Replaces all estate, gift, and capital gains taxes.

Dramatically lowers tax rates for low- and middle-income Americans.

Closes all tax loopholes.

Brings accountability to tax policy.

Lets American-made products compete fairly
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