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To: Taxman
My impression is that a 30% sales tax is extremely high. It will also be added to state sales taxes, so there will be some horrible states where retail sales taxes will approach 40%. And what about restaurants? Some states have 12% meal taxes. Restaurants will be put out of business by a 42% tax.

I don't accept the underlying barely concealed premise, which implies a certain Calvinist vicious austerity, that consumption is a vice that should be punished with punitive taxation.

The "FairTax" advocates haven't thought it through at all, and the more I think about the idea the more I hate it.

245 posted on 04/17/2016 4:02:26 PM PDT by MaxFlint
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To: MaxFlint

You have not done the homework I assigned you!

Please stop with the wild conjecturing and go do your homework!


248 posted on 04/17/2016 6:14:46 PM PDT by Taxman ((H. L. Mencken correctly observed: Government is actually the worst failure of civilized man.))
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