I'll believe it when I see it...
It is a great counter to the tax the rich slogan of the Dems.
You took the words right out of my mouth...I'll believe it when I see it. This is a classic teaser to solidify the base and draw in the independent, libertarian, other conservative vote.
Proof that this is a red herring? He's having Denny Hastert float it instead of someone inside the executive branch.
We should take odds on whether this ever sees the light of day in a Bush2 administration.
There is no mention of repeal of the Sixteenth Ammendment. Without that the next tax, and spend, Dem controled congress will bring back the income tax on top of the national sales tax.
I went to London in 1990, the VAT tax at the time was 16%, on all purchases.
Add that to the sales tax in Ca, example, and that makes it 24 3/4% in Los Angeles, 24 1/2% in the rest of the state.
that is not yet addressing the state and local taxes. I'm not sure I like this idea.
No kidding. Me too! C-Span ran all the old acceptance speeches from years back, during the recent Rat convention, and almost every single one of them mentioned "Tax Reform"...something that always sounds good, but may never happen.
Too many accountants and lawyers with $$$ on the table for this to go forward.