No. That is the federal sales tax they would pay. This would be an increase in their expenditures.
Wrong, they pay 20-25% today embedded in the goods and services that local and state goverments purchase. That tax burden is repealed under the NRST.
since one must note those burdens are implicit in the prices those state & local governments pay for consumption now, and thus are embedded in the taxes you pay them today.
I thought the idea was to get rid of hidden taxes.
Sounds good, now change state tax law to do that, make the entire system one comprehensive retail sales tax system based on the NRST proposal, All taxes would become visible in one comprehensive composite tax with line items for each level of govenment, (NRST+State+ City+County) by those who pay them, the citizen.
Sounds good to me, but the first step is to get the federal system on line, by which the tax base is defined.
What? The taxes will be embedded in the sales, income, property, etc. taxes we pay our state and local governments.
If you pay em, you see them do you not? Visibility by the citizen of the bottom line he pays his government. However, NRST conformant tax system across the board would tax clean up the multiple tax situation nicely providing one place to look, hit on the grocery ticket.
With the NRST, the federal government will be taxing us ~$300 billion through the states. How is that making things more visible?
State an local taxes are paid by the individual citizen that's who needs to see them afterall.
While you're at it, don't have the federal government charge itself a sales tax. That's just phoney.
So is the Budget Enforcement Act and its static analysis revenue neutrality requirement. Get rid of that and the whole tax the government issue goes away. That is if you can get passed the liberal filibuster to kill that law. Its their source for their favorite "pay for that tax cut" game.
There will be no replacement of the income or payroll taxes, by any tax system without answering to that hurdle.
I prefer to tackle one hurdle at a time myself. Wholesale change of the method of taxation is more than enough bite without adding a million others on top of it.