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The problem with sales tax is that they are regressive. The working poor payout a much higher % of their paycheck than the rich.
Would rent be taxed as a sale? Between rent, utilities and food, and the occasional new pair of shoes, some working poor have nothing left. So they just paid tax on 100% of their income.
Would services be taxed like goods? How about stock purchases? How about other investments? (If I can afford to put some money in savings I've just avoided paying tax on that money.)
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I didn't mean to say it. But I meant what I said. J. McMurtry
In Vino Veritas
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