Sorry to inform you but your disposable income would go down.
The NST proposals are taxes "of the gross payment" (including itself) at the final transaction, not the sale (before tax) price...That means you would pay taxes on other taxes, fees etc. imposed before it (the ultimate VAT)...The phony 23% sales tax would increase the price not 23% but a minimum of 30%. If you want to see an example of what a NST would do, take your phone or any utility bill riddled with taxes, fees, charges etc. that wouldn't be eliminated with the sales tax, then add 30% to "the gross payment" ...now tell me what percentage of tax is paid on the "service".
Using their phony 23% rate, my phone bill would have a 42% tax on the actual service charge.
The claim of "lower prices for goods and services" is also bogus...What part of the service would be reduced? Wages?...There's also a sales? tax on "ANY government" payroll (service) increasing the cost of government by 30%...
You would be paying a sales gross payment tax on things you never dreamed of. Like credit card and other interest. Don't forget interest is the purchase price for borrowing buying money, it along with investment interest, banking fees, management fees, are subject to the sales tax as well...
Eliminate tax payers,(corporations, estate, gift etc.)revenue neutral to the government and MORE disposable income for the tax payer?...No way.
As to the hookers, pimps etc...They would get a phony rebate every month the same as Bill Gates or anyone else would, and of course there wouldn't be any fraud in that total scam...GEE, where would that money come from anyway?
I am not a fan of the NST, NRST, or whatever they choose to call themselves now. It is already riddled with exceptions and loopholes and exemptions and it isn't even a law yet.
I oppose the current system because it is too high and is full of exemptions and complications. It allows the feds to delve into the personal lives of Americans.
The flat income tax would be more of the same, although at a lower tax rate.
What would I like then? How about a 10% federal retail sales tax on all goods? No loopholes. No exceptions. No exemptions. If you have a business license and you sell tangible goods, you will be taxed. Period. Write it into a Constitutional Amendment that way.
Yes, that means to some extent there will be natural VAT. You can't have simple and no VAT. Close all the loopholes and let people live with it. Once there are no income taxes, corporate taxes, or payroll taxes people will grow to like it.
Why not have a tax on services? Services are intangible. They can't be physically touched. Taxing them would only create a huge black market. You can easily see if someone has sold a thousand radios. It's easy to hide a thousand haircuts.