He proposes a 25% sales tax,and gets a standing ovation, at a tea party event?
LOL WHAT???
I assumed the sales tax would replace the Income tax.
The actual rate of a sales tax is meaningless, if it totally replaces the income tax. The reason I say that is that people simply won’t tolerate paying that much tax every single day on every single item.
Therefore within a year the rate would drop to 10% and most federal employees would get their walking papers.
A sales tax to replace the income tax is a good idea, no matter what the initial rate has to be, because once everyone is paying that amount and is reminded of it several times a day, all of the freebies won’t seem like such a great idea anymore.
I’ll bet he was talking about the FAIR Tax, but the reporter didn’t want to use the right name, so people would be unable to google it.
Calling the FAIR Tax a “sales tax” is one way Democrats try to scare people. They consistently call it a “sales tax” WITHOUT mentioning that the FAIR Tax plan also involves REPEAL of the 16th Amendment and the Income Tax, and the abolition of the IRS.