It shouldn't really need to be mentioned at this point, but sales taxes are extremely regressive. The burden is shouldered by people with lower incomes.<p>Edit - source: <a href="https://taxfoundation.org/taxedu/glossary/regressive-tax/" rel="nofollow">https://taxfoundation.org/taxedu/glossary/regressive-tax/</a>
Currently, the top 50% of taxpayers pay 89% of all federal income taxes. And only about half of Americans pay income tax.<p>So doing some back of envelope math, that corresponds to maybe about a $200 tax savings for the <i>median citizen</i>. But an increase of about $600 on their purchases.<p>This is an extremely bad deal <i>even if you are moderately wealthy</i>. Income tax is not an ideal tax, but at least by its nature it's leveraged on people with income. But a sales tax affects you even if you are retired. There is no strategic savings strategy you can use to avoid it.<p>There's an irony that the last election was supposedly about inflation and the economy - but between this, the tariffs, and the (supposed) foreign policy agenda - we're looking at one of the most expensive US administrations sessions ever.
There is precedent for no federal income tax in the United States.<p>Prior to the federal income tax (1913), all federal government expenses were covered by duties, tariffs, and levies.
I hope all these planned economic measures don't cause another great depression.<p>Seems like a lot of economic Jenga blocks being removed, with potentially very bad consequences.
IRS = very crooked. Take gambling and lotteries. We know house = wins. Yet the IRS grabs huge % of lottery winnings, yet does not allow gamblers to deduct their ticket costs = a huge unearned windfall for the IRS. Here in Canada the CRA (functions like IRS) is fair, lotteries are not taxed and thus no deductions for tickets.
Seems to be a relic of religious oppression - IHMO