If that's what we're paying now, then nothing is changed except who pays the tax and who gets paid off.
If "things" get cheaper and the tax is more, the price goes up.
I don't worry about the IRS now. But 50 different IRS's might worry me a bit.
If that's what we're paying now, then nothing is changed except who pays the tax and who gets paid off.
The same people will pay the tax that do now. THE CONSUMER.
And no.... the price would zero out or even be less than current. The rates I've heard kicked around are at the 25-28% range. Knock out all the crap currently needed to keep up with an increasing foobar tax scheme, not to mention the taxes themselves, would drop the price of things by more than what the added back in sales tax would be.
I've seen numbers bandied around by NRST opponents that try to fog the matter by twisting it to apply to their examples more like a VAT tax. Don't do that. That would be plain old stupid.
By necessity they would meld into one. within a short time it would look alot like the current one.
Well, yes, exactly. The same taxes are just brought to the forefront every time a purchase is made, it's a revenue neutral plan. The difference is that the individual is in control now.
The REAL issue isn't about money at all. It's about control. So, I favor the NRST.