Interesting concept, but when & how would the change be made? I am in no way commenting on whether or not the total tax bill is too low, too high, or about medium. Some people have managed their money well, & by being careful with their spending have been able to put away a few bucks to live on in retirement, & have paid income tax on those savings. If suddenly income tax was dropped & higher sales tax took over they would have to pay the larger sales tax when they spend the savings that they have already paid income tax on (doouble taxation). As an example let's say change tax systems on Jan 1,2015. Only way to change from one to the other is that all persons born before change-over date continue with the present system, maybe with a different rate. All persons born after the same date would not pay income tax, but pay the larger sales tax on everything. Keeping track boggles the mind. Willie
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Today's Featured Article - Uncle Cecil's Super A Lives Again - by Mike Purcell. A week or so out of most of my childhood summers was often spent with my Uncle Cecil and Aunt Sissie in the small East Texas town of Maydelle on their 80 acre farm. Some of my fondest memories of these visits are those of learning to drive a tractor at the helm of Uncle Cecil’s 1948 Farmall Super A. Uncle Cecil was the second owner of this wonderful little tractor, but it was almost as though he had adopted an infant. The original owner was a man from Minnesota who bought her from a local dea
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