On Mon, Jul 4, 2011 at 5:55 PM, Gruss Gott <[email protected]> wrote: > (1.) Lobbyists. Every special interest that gets a benefit (relative > to others), will oppose it and that's a LOT.
Yup. > (2.) Business. How this would impact incentives and restructure > business is incalculable. Many business would have to re-design or > close. Not true in the least. But I would be interested in any research that indicates this to be true. > (3.) States. Any state with an existing sales tax will oppose this > since it'll crush their revenue train. States will still be free to have their own sales tax, property tax, or income tax (which many states also have). > (4.) Consumers. Once someone points out that businesses and > corporations will pay zero tax and they'll be paying the full burden > with, say, school supplies or soccer balls or piano lessons or family > vacations they'll freak. Consumer understanding of the tax would definitely be a challenge, as evidenced by misunderstanding even among those on the list who claim to have researched it (looking at you Gruss). > (5.) Government. How this would affect existing agencies, how it > would affect revenue, and how they'd compensate if things didn't go > according to studies is too unpredictable and so they would oppose it Yes, it would eliminate A LOT of government. I am sure it's a HUGE threat to anyone in government. IRS would be decimated. Lots of Federal employee positions would be eliminated. Those people would have to find new jobs, many of those people will not be qualified to do anything else. It would be messy (but worth it). -Cameron ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:339824 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
