Federal Sales Tax

[David S]

Its $2.15 trillion for 2003 according to the CBO. http://www.cbo.gov/showdoc.cfm?index=1821&sequence=0#table1

I think John Ford is right in saying that GDP includes government spending and they definitely don't tax themselves.

THE GDP for 2003 was $10.98 trillion. Deduct govt spending of 2.15 trillion. That leaves $8.83 trillion taxable money. You need to take about 24% in sales tax to fund the current level of spending. (Think what that would do to the price of a $200,000 new home!) Although at that level the sales tax would eliminate the need for personal income tax, payroll tax, corporate tax and all other federal taxes. It would also eliminate the deficit.

The bottom line is government spends way too much and the only chance of getting its spending reduced to an acceptable level is to elect Badnarik.

[David S]

Bad idea. I'd have to pay federal taxes which i currently am not eligible for, my cost of living would go way up, and in order to afford food and my monthly rent I wouldn't be able to buy collector vinyl or hair gel or hard liquor anymore. What a terrible thought.

I now see a serious problem with the sales tax. It would cause BRTD to stop buying hair gel which would plunge the economy into depression.

I am forced to concede that a much better plan would be to seize BRTD's hair gel, sell it, and redistribute the proceeds, in the name of the common good of course.