Reply #13: Would there be Nat'l tax when you buy a home?

[nodictators]

That would be a killer.

Would there be a tax on apartments or condos?

Would other necessities be subject to the tax?

OTOH, there probably wouldn't be a tax on investments.

Of course, people who are middle aged would be double taxed.

We paid tax on the money we earned, and now we would have to pay tax again when we spend that money. So, savings, capital gains, pensions, and Social Security benefits all would effectively be subject to the tax also.