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Elmira Nancy
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How high would a national flat sales tax have to be to cover the revenue loss if we were to eliminate the IRS and income taxes in general?
IE- In callifornia right now sales tax is 8.25%...would it have to go to 25%? Higher?
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Thu Dec 24, 2009 5:28 am |
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coaster
Senior Advisor

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Good luck coming up with a number.
You might check the Heritage Foundation's website. They've done quite a bit of study on taxes.
Though I suggest you get your terminology straight, because you use the words "flat sales tax" and when "flat tax" is mentioned, it's usually in reference to an income tax.
~Tim~
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Thu Dec 24, 2009 7:01 am |
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No-Brainer
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Location: Oregon USA |
We already have a flat sales tax in Oregon where I live, it's ZERO and I like that.
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Thu Dec 24, 2009 4:20 pm |
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