Subject: Sales Tax vs. Income Tax Comment: As John Kennedy pointed out in a 1963 speech, the Income Tax is a regressive tax that was increased dramatically during WWII to slow down the economy. The higher percentage was never reduced post-war and it is still holding back the US economy. A national sales tax would spur economic growth and greatly increase our nation's productivity and fund the government efficiently while reducing the huge burden on the taxpayer in both paperwork and psychological health. |