Quote:
Originally Posted by Pete F.
Now Republicans are trying to pass a 30% national sales tax on Americans. Because they’re really focused on fighting inflation or something.
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oh pete. You conveniently left out the part that their plan also eliminates the federal income tax. How come you left that part out?
Do you have the facts to show that eliminating the income
tax and replacing it with a sales tax, would cause more inflation? The cost of goods would go up obviously, but wouldn’t that be at least partially offset by the elimination of the income tax?
the gop proposed it, therefore it must be stupid, and probably diabolical.
TN is a very popular and booming state, it has no state income tax but a hefty sales tax. That policy hasn’t resulted in a cost of living that keeps people from moving there in huge numbers.
doesn’t mean it’s smart national policy, it’s very radical. . But you left out a big , big component of the proposal.