My concern with the national sales tax is twofold. One, for those living on fixed income, many of them seniors, you are going to tax them the same as they tax you or I, and they are less able to pay if we have a national sales tax of a certain percentage. Plus, if we have States, and most of them already have a sales tax, if we have a super sales tax now from the Federal Government, what new tax will States have to have in order to replace the old sales tax? So I think the movement is more to a flat tax, rather than a sales tax. But we have not heard the last of it. I think we need to have all the different alternatives out there, put them on a board, figure out who the winners and losers are, and have the American public weigh in before any bill is adopted to find out what the best solution is. But we certainly know from the American taxpayers and those who have worked with this code that we need a change.
Editor's note · Context
Discussing concerns about a proposed national sales tax and its impact on fixed-income individuals.
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