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The Water Cooler
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Senate Republicans Block Tax Cut Plan that Leaves Out High Earners
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<blockquote data-quote="RETOKSQUID" data-source="post: 1385090" data-attributes="member: 8681"><p>The only thing that bothers me about a National Sales Tax is the idiots we have in DC would be trying to increase it every time we turned around. Add the Fed Sales tax to the state, city, and county sales taxes we already pay, and <u><strong><u><em>theoretically</em></u></strong></u> you <u><em><strong>could</strong></em></u> be looking at anywhere from 15-40% total tax bill on your items depending on what the congresscritters set the Fed tax at. </p><p></p><p> Now if they were to pass a flat income tax below 10% for everyone in the country, with no exceptions, and a national sales tax below 5% that might work. Provided that the sales tax law has a provision in it that would prohibit congress from making any increase without a national vote of the people. Vote by vote, no electoral college crap.</p><p></p><p>yeah, I know, it will never happen.</p></blockquote><p></p>
[QUOTE="RETOKSQUID, post: 1385090, member: 8681"] The only thing that bothers me about a National Sales Tax is the idiots we have in DC would be trying to increase it every time we turned around. Add the Fed Sales tax to the state, city, and county sales taxes we already pay, and [U][B][U][I]theoretically[/I][/U][/B][/U] you [U][I][B]could[/B][/I][/U] be looking at anywhere from 15-40% total tax bill on your items depending on what the congresscritters set the Fed tax at. Now if they were to pass a flat income tax below 10% for everyone in the country, with no exceptions, and a national sales tax below 5% that might work. Provided that the sales tax law has a provision in it that would prohibit congress from making any increase without a national vote of the people. Vote by vote, no electoral college crap. yeah, I know, it will never happen. [/QUOTE]
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Senate Republicans Block Tax Cut Plan that Leaves Out High Earners
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