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I'd be interested to hear everyone's opinions of a national sales tax...
Posted on 1/29/23 at 3:02 pm
Posted on 1/29/23 at 3:02 pm
... as a replacement for the federal income tax. Who would benefit the most? Who would be hurt the most? Overall a good idea or no?
57
Posted on 1/29/23 at 3:04 pm to slaughlin
I'm ok with it, the more you buy the more you pay.
Posted on 1/29/23 at 3:05 pm to slaughlin
Sure. Why not
Posted on 1/29/23 at 3:05 pm to slaughlin
Huge fan
Posted on 1/29/23 at 3:09 pm to slaughlin
At the point of a gun, if I were forced to choose a tax, this would be what I would choose, but I doubt very seriously that if it were implemented the government would actually get rid of the income tax.
Posted on 1/29/23 at 3:19 pm to slaughlin
The current income tax is a model-T tax system in the cyber age.
It was created by people over 100 years ago who are long dead,
but their dead hands still control us today.
The income tax system has been patched thousands of times. The tax code is now so voluminous that no one person knows what is in it. It has become a weaponized tool used by the IRS to torture and abuse Americans.
We need to modernize the whole system and go to a simple and efficient system that real people can understand.
Abolish the income tax and implement the FairTax.
It was created by people over 100 years ago who are long dead,
but their dead hands still control us today.
The income tax system has been patched thousands of times. The tax code is now so voluminous that no one person knows what is in it. It has become a weaponized tool used by the IRS to torture and abuse Americans.
We need to modernize the whole system and go to a simple and efficient system that real people can understand.
Abolish the income tax and implement the FairTax.
Posted on 1/29/23 at 3:24 pm to slaughlin
I agree with sales tax being probably the fairest way to go, but what about also replacing or reducing property tax? I get that it funds schools and fire departments and all, but it just doesn’t seem right to have to keep paying out the arse year after year for a property you paid off years ago. I think several things should be changed.
Posted on 1/29/23 at 3:27 pm to slaughlin
I think this is the best of the worst when it comes to taxes.
Posted on 1/29/23 at 3:32 pm to slaughlin
No one could hide from paying their fair share. Especially those who are breaking the law to earn a living.
The plan also does not tax essentials like food and provides support for those defined as lower income.
The plan also does not tax essentials like food and provides support for those defined as lower income.
Posted on 1/29/23 at 3:38 pm to slaughlin
Think how much could be saved to rid us of the irs.
Posted on 1/29/23 at 3:39 pm to slaughlin
Dumbest idea ever and the only reason anyone is in favor of it is because the Republican idiots in the House proposed it.
Posted on 1/29/23 at 3:41 pm to slaughlin
I’m for it; those who make unreportable income pay their fair share.
Posted on 1/29/23 at 3:43 pm to slaughlin
How would proceeds from Roth IRA be treated? Would it be taxed on top of already having paid taxes on the invested proceeds?
Posted on 1/29/23 at 3:58 pm to slaughlin
I'd prefer the States to collect and pay the federal. Big time not a fan of federal taking money directly and then bribing states with their constituents money.
Posted on 1/29/23 at 4:06 pm to slaughlin
I would be fine with it if they locked the rate into the amendment, this would keep Congress from using it as a political football.
Posted on 1/29/23 at 4:16 pm to slaughlin
We would end up with BOTH
Posted on 1/29/23 at 4:27 pm to slaughlin
Penalizes consumption and rewards savers. Everyone pays regardless of income. What’s not to like?
Posted on 1/29/23 at 4:28 pm to slaughlin
No. Because they will get a national consumption tax and then immediately reimpose an income tax "on the rich". Treble taxation.
Hard pass.
Hard pass.
Posted on 1/29/23 at 4:31 pm to slaughlin
frick no! I am not in support of MORE taxes.
Posted on 1/29/23 at 4:34 pm to slaughlin
Anything is better than what we have. I would prefer a flat tax. Consumption tax would cause lots of people to accept cash only and under report sales and take less. I don't know how you could police it.
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