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by potamic
1595 days ago
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What thoughts on doing away with income tax altogether? There is already tax on sales. No reason to have tax on source as well. Tiered tax rates based on how much you're buying or how many things you're buying can allow taxing less from the poor.
The government should easily be able to structure it so that their net revenue is more or less same. Imagine the amount of overhead and inefficiencies that can be eliminated altogether. |
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What, so now the government needs to track all my spending in order to figure out my tax rate? No, thank you.
Or like the Illinois progressive sales tax experiment of 1977? That's just plain silly¹.
¹ And admittedly not a real occurrence – look up The Pale King by David Foster Wallace.