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John, I could not agree more. The only way to do this, is a complete change of the tax system. The income tax alone skews things, at least from a business perspective. If the income tax were people only, it would be fine. Deductions and other tax "loop holes" skew behavior.
TANSTAAFL. We the people need to pay for the things we get, directly, not indirectly. We need to see the cost, so we can make the right decisions.
I know most people think a 17-24% sales tax would be tough to swallow. But it is what we are paying now in all the other ways. Make it straight forward and simple. The sales tax is this, and it doesn't skew business models to move elsewhere.
The one thing I would do is to exempt a lot of items from sales tax. Food and clothing, reading materials. Basic day to day needs. But the vast majority of items would need sales tax. And if I'm not clear, this is a retail tax. Just like sales tax today, only the end user pays.
The single worst tax in the world is VAT.
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James
The pessimist complains about the wind; the optimist expects it to change; the engineer adjusts the sails.- William Arthur Ward (1921-1994)
Red-beard for President, 2020
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