Ventura: Eliminate Income Tax and Replace it with 15% National Sales Tax

[King]

More revenue as it is a massive tax increase on half of Americans will no longer get a refund in April, as it is impossible to account for one with a sales tax, and still get gouged on their checks by paying FICA. Of course, that's assuming they still have jobs, after this state induced hyperinflation of 15% completely destroys American auto industry, real estate, and retail once and for all. In that case, less revenue.

[King]

Generally speaking, yes. That's the idea, but in the derogatory way you'd think. Who says that rich people don't spend all of their money? The idea is that they will buy lots of stuff, such as their 50 sports cars and 3 yachts, and therefore pay more in taxes. It would be preferable to have the sales tax be bracketed in terms of inherent value/necessity, but how would one go about determining that?

Is 50 sports cars and 3 yachts really the best use of our economic power? How many companies manufacture sports cars and yachts? Not many.

Or would we rather have it where as many Americans possible can afford to eat dinner at a restaurant and buy new clothes and furniture, which are the largest retail sectors of our economy and compose majority of the small businesses in this country?

To me, Option 2 sounds like it would create millions more jobs and triillions more GDP.

[King]

STOP WITH THE FACTS. WHY WON'T YOU LIBERAL PROGRESSIVES JUST SHUT UP AND ADMIT THIS IS A GOOD IDEA?!?!