rleete

iTrader: (21)

Sales tax has the one distinct advantage of hitting those who otherwise slide by without paying. Those that get paid under-the-table, those that make their money from illegal things like drugs, etc.

But, even with the raping I got this year, I can't complain too much about the taxes. It's the uncontrolled spending and blatant waste that are the real problem.

JasonC SBB

Agree about the spending. The spending is the more important discussion, than the method the taxes are collected.

Today there already are a bunch of people who avoid taxes by being paid under the table. And less yachts that have tax write offs because they are "business expenses". But I think with a straight sales tax there may be fewer total dodgers. Especially if the cost of gov't were only say, 15%.

05pearl

iTrader: (4)

I am the 1%!!! You are now being watched, carry on...

njn63

iTrader: (4)

Both revenue and spending need to be addressed.


And this is why I can't take flat tax proposals seriously. Quote some ridiculously low rate that won't even provide basic services in our current government as a way to sell your plan.

Braineack

iTrader: (62)

aw, im only the 10%. but where i live, it's probably the low end of the spectrum.

Scrappy Jack

iTrader: (2)

That would be a complete abandonment of the current monetary system and my first instinct is that it would make no sense for the curent US fiscal union.

That might be something better suited for a fixed-exchange rate currency versus our current free float currency.

Braineack

iTrader: (62)

Braineack

iTrader: (62)

http://www.theatlantic.com/business/...ntile/256937/#

http://www.theatlantic.com/business/...really/257105/

http://www.theatlantic.com/business/...entury/257156/