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.
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
maybe if they exempted this tax on things like food and utilities It might be worth it.
Needs to be closer to 20%. Other than that, no real issues.
Moron
Should be 0%
Get the fuck outta here with your 20% tax.
Moron.
You can't just cut to the end game.
Get the fuck out of here with your unrealistic unachievable goals you want to happen instantly.
End game?
They would NEVER pass a new tax unless it was going to increase gross tax revenue.
You are voluntarily in support of EXTRA TAX.
You must also be a moron when it actually comes to income taxes because most American families are paying well under 20% effective tax.
So yes. You are discussing a topic you have not researched and you are supporting tyranny as a fool would.