One thing that won't happen is prices coming down. I admit inflation would probably be slowed down, but prices will not come down. They never do.
Prices do come down. Ever take a course in economics?
I agree. I don’t want a national sales tax that will be piggy-backing state sales tax. (I don’t think the states are going to be too fond of this, either)
It will hurt people. If we give out some type of tax exemption cards for those people...well, same as now just different. (what about those “empowerment” zones..puhleeese!)
I also don’t believe corporations will discount prices because they start paying lower taxes, so “that dog don’t hunt” with me.
Congress would never give up that national sales tax, those greedy SOB’s can’t help themselves and that 9.99 special—it is a *limited time offer*. We could never shake it off once it is levied on us!
Lower corporate taxes, go with a flat tax—drop the gimmicks. I hate the idea of a national sales tax—hate it!