The bill would replace the existing income, payroll, and corporate taxes with a new national sales tax. The bill says the sales-tax rate will be 23 percent. What it means is that a product that costs $100 without the tax will cost $130. (The $30 in taxes is 23 percent of the total price of $130.) Most people will think of that as a 30 percent tax.

hell to the fucking no. this bill would be a tax increase for everyone who spends money in America. effectively raising all of our income taxes to 30%, only it's collected whenever we spend money. This would stagnate the economy, and be especially tough on low income individuals.

I agree with the approach, but the percentage of that sales tax is just way too high. it's almost as if this bill is designed to fail so that they could say

oh, I guess Americans just want to keep income tax then

maybe if they exempted this tax on things like food and utilities It might be worth it.