That would be biggest boon to organized crime in history.
They won't need the drug market, because they'll run the entire economy.
The only thing that would stop it is the government electronically tracking every single transaction through the entire supply chain.
Great idea.
That would be biggest boon to organized crime in history.
Huh???
What planet have you been on for the last 89 years.
As it stands today, organized crime pays only token income tax, since almost all of their earnings are from illegal sources and not reported. With a National Retail Sales Tax (NRST), every time that crime boss buys one of his expensive toys (jewelry, cars, yachts, planes, etc.) he would pay tax on that expensive purchase, as well as the many smaller day-to-day purchases (furniture, carpet, clothing, etc.). Even a nominal tax of only 10% on a $10 million yacht would be $1,000,000. That's probably much more than most crime bosses have paid in income taxes over the last 10 years. And, that tax on the underground economy flows all the way down to the pushers and pimps on the street, although the closer to the street level criminals you get, the more likely they are to buy stolen goods that won't be taxed. But an NRST would get the criminals at the top and in the middle, who cannot afford to have stolen goods found in their possession.
Add it up. The NRST would impose a tremendous cost on organized crime.
In the entire history of man, we have not been able to stop or even slow down the "oldest profession". Since the US government declared the "War on Drugs", drug usage, drug overdoses and drug related crime are all up significantly. We are able to track less than 1% of all organized crime profits all the way back to the ultimate beneficiaries and when we do, the money is gone and one lone criminal does a few years in Club Fed. Confiscations of assets is even worse and in fact, confiscations are as likely to be used on you and I as on a criminal figure. All of this adds up to a net loss to the taxpayers. A NRST would mean that a large part of the money going to fight organized crime would come from those we are fighting. That's what you call fitting justice.