Incremental transferring from taxing net incomes to taxing sales.
I’m a proponent of shifting from our payroll and income taxes to a federal sales tax.
Transforming our entire major tax revenue source in a single step would be imprudent.
The possible advantages gained from a single step method doesn’t justify the proposed magnitude of risk. (Those who insist it be done in one step are insisting that it never be attempted).
I expect that after one of the incremental steps, the sales tax will approach an unacceptable rate and the transfer of tax revenues will be halted. Wealthier tax payers’ would pay both income and sales taxes; very few people pay income taxes.
If I’m incorrect, federal income taxes will be entirely eliminated,
Refer to the next message, “Incremental tax transfer steps”.
Respectfully, Supposn
I’m a proponent of shifting from our payroll and income taxes to a federal sales tax.
Transforming our entire major tax revenue source in a single step would be imprudent.
The possible advantages gained from a single step method doesn’t justify the proposed magnitude of risk. (Those who insist it be done in one step are insisting that it never be attempted).
I expect that after one of the incremental steps, the sales tax will approach an unacceptable rate and the transfer of tax revenues will be halted. Wealthier tax payers’ would pay both income and sales taxes; very few people pay income taxes.
If I’m incorrect, federal income taxes will be entirely eliminated,
Refer to the next message, “Incremental tax transfer steps”.
Respectfully, Supposn