Let’s pick up where our IRS-defunding I&I editorial board brethren lately left off : “There is … a better way to fund federal operations. Move to a single-rate income tax paid monthly with no deductions and no withholding, or implement a national sales tax.”
This commentator chooses National Sales Tax for several trillion dollars, Alex. While he has engaged in many exercises to explain why that levy solves a whole range of problems, here are some highlights in Lettermanesque fashion – the Top 10 Reasons for a National Sales Tax:
10. Keep it simple, stupid! Flat tax or no, the biggest problem with an income tax: it’s on income . The complexity and intrusion relates to determining what is and isn’t, and tracking, income .
Uncle Sam gets to snoop on hundreds of millions of taxpayers to make sure you’re not hiding income. Admittedly, for most taxpayers calculations get simpler without […]
Read the Whole Article From the Source: issuesinsights.com
