Quote:
Originally Posted by opendoor
Also absolutely impossible to evade. Wealthy people would never just shift a significant part of their tconsumption abroad. And with no real IRS any more (which is generally part of these proposals), I'm sure it'd be extremely difficult to evade paying it in a bunch of ways.
Seems like a political loser too. The Republicans' base is old people. Imagine working your whole life paying tax on that income and then when you retire and generally have a lower income and tax burden, all of they sudden they introduce a 30% consumption tax on everything you buy.
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Without some form of reimbursement a 30% tax would probably kill tourism. If my future trips to the US were going to 30% more expensive I would be shifting my travel elsewhere.