🚀 go-pugleaf

bjbjbjbj@ix.netcom.com (Bill Johnson ) wrote:


>So, if a national sales tax were added on, but at a rate of 25%, you'd
>notice it in a hurry, and start to figure out how to avoid it
>(illegally, of course)!

>Remember, a national sales tax, if enacted, would still have to raise
>the same amount of revenue, so the rate would have to be extremely high
>to do so, especially if some things were exempted.

You are right except that the percentage would be closer to 10-15%.
I'm in favor of a national sales tax because my pay would increase
dramatically. As would everyone elses. You would no longer have to
worry about such things as do you have enough exceptions on your W-2
you would only have to worry as to how much you spend. Those that say
it would be unfair to the poor are misguided. If the national sales
tax was done like Conn. were it doesn't apply to food, housing, and
other Nessaccitys then that part of the equation would be balanced and
if you need something you would spend according to your income and be
able to make your own choices as to how much you are taxed. 
Using it in this manner would save pepole alot of money.
Think of it this way. If it is a producer based tax. Then they raise
prices by 10-15%(depending on the tax rate), But they save money due
to the new system so they drop prices 5-10% due to this fact and with
inflation at a avearge of 3% we would end up with virtually a wash and
not have to pay income taxes to boot.
THe whole economy would take a dramatic bounce from all this. If you
make $1000 bi-weekly, and it goes up to $1300 bi-weekly youd be
estatic and buy some of the things you were putting off, even if they
cost a little more. Which getting back to the comment that the ecnomy
would boon from it.
Sincerely,
Charles Goin
"There is nothing like looking at any issue with a open mind - Me"