Letter to the Editor


Monday, March 7, 2005

Dear Editor,

Mr. Ekwall doesn't know the first thing about the National Retail sales tax ("Sales tax unfair" http://www.mccookgazette.com/story/1090687.html).

First of all, this tax is neither a value added tax or a flat tax.

What it is, is simply the best idea to overhaul our present system to date. The N.R.S. tax would disband the IRS, allow a worker to bring home 100 percent of their pay check, remove all tax from investments, and savings. For businesses, it remove the cost of filing taxes, and that cost nation wide adds up to billions which is passed on to the consumer. In exchange, consumers would pay a 22 percent tax on retail goods only.

This tax, according to some economist at Harvard, would be offset by the amount of money a company saves by not having to file annual taxes; the result is that you would not be taxed on your income and prices at the retail level would be practically the same as it is today.

If you are thinking that the poor would suffer under this system, the government would send a check equal to the amount the average family would spend in taxes for the basics of life ...

It is a great system, April 15 just another day, want to start a business no tax worries, pass on money to your kids no taxes, hit the lotto and its all yours ... NO TAXES, and best of all, you control how much you are taxed.

One more thing, for those of you who want a flat tax, know this, none of these benefits would be available, the IRS still there watching, and remember our present system started off as a flat tax.

Michael Kearns

via e-mail

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