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Old 11-22-2004, 08:12 AM   #15 (permalink)
aliali
Insane
 
Location: Missouri
If you have a comsumption tax, that will be on top of the sales tax, right? Will states then change their income tax to a consumption tax? 25% national, 8% sales, 6% states, 1% local--it starts to add up--of course we are all paying it already. With this system, how do you exempt a certain amount of income? Is it diff. for single, married, number of dependants, charitable giving?
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