Quote:
Originally Posted by joeydb
No one wants a sales tax in addition to income tax more like in lieu of income tax.
The "progressive" tax model is inherently unfair and akin to being socialistic. Why? Because your last bag of $10000 should not be taxed at any higher rate than your first bag of $10000.
If it is higher for a given group of people "because they can afford it", then that is discriminitory in a socialistic way.
|
If they did a federal sales tax in lieu of income taxes, I think they would have to make the federal sales tax really high to make up for all the lost revenue. If the federal sales tax was in lieu, my guess is that it would probably be around 25% or higher. I think that is way too high. That is why I suggested a combination where they have a small federal sales tax and then they could lower federal income tax, but not eliminate it.