🚀 go-pugleaf

Newsgroups line trimmed substantially.

In article <499sg8$elm@villa.fc.net> lmednick@fc.net (Leonard Mednick, MBA, CPA) writes:
>   sanuzis@mail.coast.net (Saul Anuzis) wrote:

>>No forms.  No lawyers of accountants to hire.  No payroll withholdings.
>>No tax evaders.  No special interest breaks...and...NO I.R.S.!?!?!?!

You've got to be kidding.  This just shifts more of the
burden of collecting taxes over to businesses (as if they
don't already bear enough of the burden).  And all the
talk of exempted product categories makes for just as
bad special interest groups.  Not to mention the 
amount that the black market would grow in an effort to
evade the tax.  

A NST may be better than what we have now, but don't try
to pretend that it doesn't suffer from many of the same
problems.

>problem is that it seems only the flat tax is getting all the publicity

One major reason is that a flat income tax is still a vast
improvement over what we have now, and that imposing a NST
would suddenly cause all existing savings (which has already
been taxed when it was income) to be taxed AGAIN when it
is spent.

How would you go about fixing that?

-- 
dmeyers@panix.com

"Any technology distinguishable from magic
 is insufficiently advanced."