Send to a Friend

RocketGuy's avatar

What's wrong with a National Sales Tax?

Asked by RocketGuy (15493points) January 28th, 2011

Seems Tea Party and Republicans want to a National Sales Tax instead of Income Tax. What are the disadvantages?

Rich people buy Gucci => pay more
Middle class buy from Target => pay less
Lower class buy from WalMart or directly from farms => pay least

There would be downward price pressure on products. The national savings rate would skyrocket. What could go wrong?

Using Fluther

or

Using Email

Separate multiple emails with commas.
We’ll only use these emails for this message.