A national sales tax would be simple and efficient — but the current plan won’t work ...Middle East

The Hill - News
A national sales tax would be simple and efficient — but the current plan won’t work
One of the best things about living in Texas is that we have a somewhat larger-than-average state sales tax but no state income tax. If the recently proposed legislation to replace the federal income tax with a national sales tax would work, I’d be a big supporter. But it won’t. There’s a lot to recommend Texas’s state sales tax system. It’s transparent, simple, efficient and private. Texans know what they’re paying, and they pay it only when buying something. So, the state isn’t snooping into its citizens’ financial lives. No filings, no fuss. In addition, by excluding many essential consumer needs such as most food items, prescription drugs and medical care and legal fees, the sta

Hence then, the article about a national sales tax would be simple and efficient but the current plan won t work was published today ( ) and is available on The Hill ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( A national sales tax would be simple and efficient — but the current plan won’t work )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News