Quote:
Originally posted by BoNgHiTtA
Its dumb on so many levels. The main one being US citizens would just use every means possible to purchase outside of the country. Imagine paying 24% more for everything.
Don't get me wrong, consumption taxes work, just not to this extreme. This creates too many oppurtunities, especially for people at the borders to abuse purchasing goods from another country.
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You already pay that much imbedded tax in the products and services you buy. This would leave the end price of products and services essentially unchanged but you will have a larger pay check, since you won't be paying income tax or pay roll tax.
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