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In reply to the discussion: Blasphemy: a National Sales Tax would be MUCH better than our present or any Income Tax system [View all]jmowreader
(50,557 posts)6. Every nation with a national sales tax also has an income tax
The Fair Tax is a nonstarter just from its description: a 22 percent national sales tax on all new articles.
This means a $500 new canoe is liable for a 22-percent tax bite, and a $5 million pre-owned yacht is tax free.
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Blasphemy: a National Sales Tax would be MUCH better than our present or any Income Tax system [View all]
Goodheart
Sep 2019
OP
Are you suggesting a sales tax or a VAT as is commonly used in Europe?
The Velveteen Ocelot
Sep 2019
#1
If food and clothing were exempt (except alcohol and luxury clothing) it could work n/t
Blaukraut
Sep 2019
#7
Sales taxes in general are regressive so legislators have to build in some protections for the less
CTyankee
Sep 2019
#13
UUnfortunately, the tax structure you described above disproportionately affects really poor people
intrepidity
Sep 2019
#53
I am cognizant of this as my husband is the (volunteer) chairman of New Haven's Homeless
CTyankee
Sep 2019
#58
Enforcement is 1) too complicated 2) too expensive 3) too difficult 4) impossible.
Goodheart
Sep 2019
#15
Yes, a National Sales Tax or a VAT would be simple and there would be no evasion...
Girard442
Sep 2019
#12
because the rich have eaten away at the income tax code and haven't done as much to the sale tax.
unblock
Sep 2019
#23
Sales taxes are not regressive if they're not universally applied across all purchases.
Goodheart
Sep 2019
#22
"you could not find a single credible economist to agree with your position."
Goodheart
Sep 2019
#50
You do a VAT on top of income tax. It pays for medicare for all. You do both.
applegrove
Sep 2019
#52