[Froggie]

A flat tax does not eliminate the IRS or need for accounting...you still have to keep records, pay accountants, file forms etc. all an unnecessary drain on the economy (unless you are an accountant) - a National Sales tax makes the best sense - it gets rid of the underground economy - stops the need to file forms, keep records and tell the government under penalty of imprisonment how much income you make. Let's hope they can pull it off.

[nmh]

'A flat tax does not eliminate the IRS or need for accounting...you still have to keep records, pay accountants, file forms etc. all an unnecessary drain on the economy (unless you are an accountant)"


You don't need an accountant to pay a flat tax, say 13%. You don't need an accountant to look at your paycheck and pay 13%.


" - a National Sales tax makes the best sense - it gets rid of the underground economy - stops the need to file forms, keep records and tell the government under penalty of imprisonment how much income you make. Let's hope they can pull it off."

The government will make more money this way. With a nationals sales tax businesses will be REQUIRED to have accountants, keep records and will have the underground economy thrive because you can get away with paying NO taxes on goods and services.

[GoLightly]

You ever run a business that has to collect & pay in collected sales tax?

Underground economy remains underground, cuz drug dealers & pimps are no more likely to report the transaction, collect taxes & pony up to the government than they do their income.