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Originally posted by Liquor Dealer
They wouldn'y give up anything - they would still get whatever is needed to meet their budget (which most can't do right now!) It would simply place the tax burden on every man woman and child in the US equally - For example - the national sales tax is 32.78%. You buy something that costs $1000 - you add the tax and it costs $ 1387.80. Costs you $ 1387.80 and it costs Bill Gates the same amount. It costs the illegal alien who pays no tax $ 1387.80. This is the only fair tax - even your legislator will tell you that - but he'll never vote for it!
P.S Even if the tax was higher than my imaginary figure - It is still the fairest of all taxes.
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Sure that'll work... Until everyone starts buying everything out-of-state, where sales tax won't apply to a non-resident (do you buy things online, that's how *that* works).
Ahhh, so we get rid of that loophole. Then everyone buys everything overseas, US economy implodes, end of story.
Oh, and as far as the original topic? Ridiculous. Does the 18 year old who inherits 15 million worth as much as the entrepreneur who earned every penny of it?
One person, one vote.