Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Oatka
A tax on gross eliminates the “bribe me and I’ll cut you a tax break” sword that hangs over businesses. The side benefit is that businesses will take a harder look at where their money goes - with no more unproductive tax write-offs, the money will be directed to areas that create wealth and jobs.

Why can't a sales tax be corrupted just as easily as the income tax was, crammed with special exemptions, different rates for the output of well-connected and powerless industries, etc.? It seems to me the two tax systems just as easily lend themselves to arbitrariness, and stacking a new sales tax on the income tax as in the 999 approach may actually expand the opportunity to game the system. Is there something about the plan I am missing?

48 posted on 10/12/2011 2:53:38 PM PDT by untenured
[ Post Reply | Private Reply | To 40 | View Replies ]


To: untenured

The tax is FLAT.... There is no more IRS. There is no gaming the system. You tell me how can you game the system when the government collects 9 percent income tax, 9 pecent corporate tax and 9 percent VAT on purchased items?

I don’t see how you get a loophole in there.


52 posted on 10/12/2011 4:00:36 PM PDT by Typical_Whitey (Herman Cain is the epitomy of MLK's dream.)
[ Post Reply | Private Reply | To 48 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson