Subject: TAX REFORM Comment: A NATIONAL RETAIL SALES TAX IS ABSOLUTELY THE BEST TAX REFORM WE COULD DO. IT REDUCES THE 1000'S OF PAGES OF TAX CODE TO 100'S. IT ALLOWS BUSINESS TO CONCENTRATE ON BETTER PRODUCTS; NOT ON HOW TO SAVE FROM PAYING MORE INCOME TAX. IT IS FAIR TO ALL. THE RICH WILL PAY THEIR FAIR SHARE; THE POOR WILL RECEIVE A REFUND FOR THE TAX PAID FOR ESSENTIALS. EVEN THE CRIMINAL ELEMENT WILL PAY TAXES ON THEIR NEW PURCHASES BOUGHT WITH BLACK MARKET MONIES. PAYROLL TAXES; DOLLARS FOR SOCIAL SECURITY COULD ALL BE ROLLED INTO THIS SALES TAX PROGRAM. EVEN AS IMPORTANT, FOREIGN VISITORS WILL HELP PAY FOR OUR ROADS AND OTHER INFRASTRUCTURE THEY USE. WHEN WE IMPORT FOREIGN PRODUCTS WE ALSO COLLECT SALES TAX ON THEM. OUR U.S. MANUFACTURERS ARE NOT AT A DISADVANTAGE ANYMORE TO THE FOREIGN SUPPLIERS; BECAUSE THEY WON'T HAVE TO BUILD EXTRA COST INTO THEIR PRODUCTS TO ACCOUNT FOR THE CORPORATE INCOME TAX. (OUR NEXT REFORM NEEDS TO BE TORT REFORM; SO MANUFACTURING AND SERVICES DO NOT HAVE TO BUILD EXTRA CHARGE INTO THEIR PRODUCTS FOR LEGAL CHALLENGES SURE TO FOLLOW.) |