It's the tax that France invented. A VAT is the same no matter what you call it. It's insidious and creeping and easy to crank up and up and up.
Not at all, HR25 implements a pure retail sales tax, and does not tax upstream business inputs at all.
Only time the NRST is collected from the customer is on retail purchase of new goods and services.
Retail businesses merely remit the NRST collections the same as their state retail sales taxes, to their state tax agency. State tax agencies then separate out and remit the federal portion of the retail sales tax to the U.S. Treasury. The NRST itself is administered by the states.
All federal income, payroll and gift/estate taxes are repealed and there is no NRST on purchases for business or investment purpose.
Do you honestly in your heart believe that this tax, as proposed, would stay the way it reads? Honestly?