The proposal if it ever comes will be a compromise that lowers and simplifies the income tax, repeals the alternative minimum tax, and brings in a flat tax in the form of a national federal sales tax.
In Canada in 1988 the Conservatives of Brian Mulrony brought in the federal GST goods and services tax of 7% which was printed on every retail bill as a visible tax.
With a typical 8% provincial sales tax suddenly people were paying 15% on top of the purchase price of goods and services, even professional fees.
A new level of buroucracy and bookeeping was created to credit the GST companies paid against the GST they collected, with the difference remitted every month or 1/4.
This replaced a hidden FST(federal sales tax) manufacturers tax which was 9% for a long time then got raised to 11% then 13 1/2% just before the implementation of the GST.
As the economy became more service oriented the FST didn't apply to that part of the economy which is why the GST on every transaction was brought in to generate more revenues for the government.
The average joe was never aware of the hidden FST and the government tried to sell it as it's only 7% replacing a 13.5% tax. The fact it was only 9% a mere 18 months before was conveniently forgotten and overlooked.
Having it visible instead of buried in the price was a big tactical miscalculation at the time.
It made the Conservative government extremely hated and in the next election the Liberals ran on a platform of abolishing the GST without saying what they would do to replace it.
The Conservatives who had a majority were routed from office and reduced to a chump party of 5 seats in the parlament and still haven't recovered to this day.
The Liberals of course didn't do anything about abolishing the GST for 15 years other than lowering it to 5 % just last year since Canada's economy was so much stronger than the floundering (of late) US and the treasury had a tremendous surplus.
States have their own income taxes too which complicates the situation.They also have sales taxes in the 5-9% range and some cities tack on their own sales taxes so with a flat federal tax there would be a combined sales tax of 15 to 20+%
like they have in europe where it's called the VAT for value added tax.
Revolutions usually come at the barrel of a gun and it would almost require the taking up of arms to accomplish a flat tax.
Perhaps the NRA could be called upon and Charleston Heston could lead the charge.
Plus of course 1/2 the population is of below average intellegence, ignorant and uninformed, concerned only with their small lives. But some of them do vote so these fair tax proposals would have to be presented on an almost grade school level the way one would talk to a child.
But Bush did say "Childrens do learn"
In Canada in 1988 the Conservatives of Brian Mulrony brought in the federal GST goods and services tax of 7% which was printed on every retail bill as a visible tax.
With a typical 8% provincial sales tax suddenly people were paying 15% on top of the purchase price of goods and services, even professional fees.
A new level of buroucracy and bookeeping was created to credit the GST companies paid against the GST they collected, with the difference remitted every month or 1/4.
This replaced a hidden FST(federal sales tax) manufacturers tax which was 9% for a long time then got raised to 11% then 13 1/2% just before the implementation of the GST.
As the economy became more service oriented the FST didn't apply to that part of the economy which is why the GST on every transaction was brought in to generate more revenues for the government.
The average joe was never aware of the hidden FST and the government tried to sell it as it's only 7% replacing a 13.5% tax. The fact it was only 9% a mere 18 months before was conveniently forgotten and overlooked.
Having it visible instead of buried in the price was a big tactical miscalculation at the time.
It made the Conservative government extremely hated and in the next election the Liberals ran on a platform of abolishing the GST without saying what they would do to replace it.
The Conservatives who had a majority were routed from office and reduced to a chump party of 5 seats in the parlament and still haven't recovered to this day.
The Liberals of course didn't do anything about abolishing the GST for 15 years other than lowering it to 5 % just last year since Canada's economy was so much stronger than the floundering (of late) US and the treasury had a tremendous surplus.
States have their own income taxes too which complicates the situation.They also have sales taxes in the 5-9% range and some cities tack on their own sales taxes so with a flat federal tax there would be a combined sales tax of 15 to 20+%
like they have in europe where it's called the VAT for value added tax.
Revolutions usually come at the barrel of a gun and it would almost require the taking up of arms to accomplish a flat tax.
Perhaps the NRA could be called upon and Charleston Heston could lead the charge.
Plus of course 1/2 the population is of below average intellegence, ignorant and uninformed, concerned only with their small lives. But some of them do vote so these fair tax proposals would have to be presented on an almost grade school level the way one would talk to a child.
But Bush did say "Childrens do learn"
