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| *Loan,banking and credit>>>income tax |
Would you support a federal Sales Tax system, in place of Income Tax ? |
In my opinion, Income tax in and of itself is counterproductive to our economy....regardless of who pays what percentage. We should move to a federal sales tax system, and there are numerous reasons to do so. LOGIC: If you take my money before I get paid....you can only take it once.....So the fed takes it, and spends/wastes it.....it's gone forever. ....But if we were on a federal sales tax system...I get paid, I go buy a product or service, it gets taxed and I created jobs....the waitress I just tipped buys something, it gets taxed, she created a job....so on and so forth, eventually every dollar gets taxed back into the system but at the same time you created jobs and revenue for the government to operate. Income tax, takes money directly from consumers and much of each dollars' economic potential is wasted, because the consumer doesn't get a chance to put those dollars back into the economy. I agree with a National Sales tax. The government is double dipping us right now. We get nailed with an income tax (Federal and State) and we also get nailed with a sales tax (7%) where I live for everything but food. We should only be taxed once on our money. Period. A sales tax is the only way and most cash registers in this country can be set up to to this rather easily. We don't really need either of those. Absolutely, as long as food is not taxed. It would be a much simpler and I think more effective system. Yes I would, I have been interested in a National sales tax for several years. It is the most fair system that has ever bee proposed. If the federal govt collected a sales tax, it would give them a right to compile databases on EVERY PRODUCT PURCHASED and WHO PURCHASED THEM. I find this situation unacceptable, for the following: Monday - Bought 5 gallons kerosene for use in home heater Tuesday - bought 10 pounds high phosphorus fertilizer for my yard Wednesday - arrested and held for 4 years on suspicion of terrorism. I would. Sure the illegals can't even get out of that. |
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