Quote:
Originally Posted by Illumination
...I would not call for a flat tax as that is regressive and would severely harm the already suffering poor and struggling "middle" class of the US while allowing the wealthy to get off easier.
|
Illumination, I got the idea from
Lorien's post on the "Is the Real Problem Excessive Government Spending?" thread under the Economy and Currency sub-forum:
"I have always been a firm believer in getting rid of the income tax completely, and changing over to a flat sales tax in every state. For example, every state across the board would have a sales tax attached to every item or service sold.
Some items like food and clothing would have a very low tax with say 1% going to the state and 1% going to the federal gov.
General goods and services would have a higher tax with say 4% going to the state and another 3% going to the fed.
Luxury items like cars and homes over a certain price, and other items would have a higher tax on them.
This leaves a portion of taxes to the state for them to do with what they want, and a portion for the gov to do what they want. It also doesn't punish people for working hard and making a lot of money since they're not getting taxed on their wages. It does however 'punish' them for things that are excessive and not needed.
This would also make it so that there would be no earmarking of federal funds that you and I pay to the government for projects in some other state that we care less about."
_______________________________________________
What do you think?