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Old 11-22-2004, 10:08 AM   #16 (permalink)
KMA-628
....is off his meds...you were warned.
 
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Location: The Wild Wild West
Quote:
Originally Posted by DelayedReaction
I believe that the sysytem is broke and a national sales tax would help, but would enjoy it if you posted more information supporting the switch.

What would happen if we simplified it to the most extreme level, and made the national sales tax the only tax? I honestly don't know much about tax law, but I would like to know why making the NST our only source of revenue would be a bad thing.

I would keep the IRS, but rename it to the Internal Return Service. Their job would be to provide the poverty level returns to people, as well as returns for charitable donations. People would like them a lot more, and it would continue to encourage donations to charitable organizations.
What kind of information would you like about the switch? Are you looking for information about how the current system is taken down and replaced or do you want more reasons supporting the consumption tax itself?

The idea behind the consumption tax (and pretty much most NST proposals) is that it replaces almost all taxes (see the list of exactly which taxes are replaced in my original post).

In my opinion it wouldn't be a bad thing at all. It would be much more simple and has the potential to take in more revenue than our current system does (by the way, our current system is against the founding ideas of this country in that all people are not created-or treated- equally).

I disagree with keeping anything resembling the name IRS as the connotations regarding it are way too negative. There will have to be overseeing departments, but they wont even be remotely the size of the IRS.

Give me a little more specifics as to what you are looking for and I will post back.
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