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March 31, 2005

You Will Stop Buying Everything.

Kevin Drum knocks George Will's support for a national sales tax out of the park:

A national sales tax is an idee fixe among a certain type of conservative lunatic, sort of like the gold standard and the Trilateral Commission. George Will might be dumb enough to fall for it, but the rest of us shouldn't. It's just a plain stupid idea.

But you know what? I wish Republicans would quit gabbing about it and actually implement it. They'd then be out of power for about a century or so, which might give the rest of us a chance to do some good. So go ahead Rep. Linder: make my day.

Go read his reasoning and marvel over what a fun debate this would be to have.

March 31, 2005 | Permalink

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Comments

I think Drum overstates the case, and a certain type of national sales tax could probably be effective and appealing to liberals. A sales tax that exempted basic necessities such as home purchases (up to the geographically-adjusted median home value or x% above that), and non-luxury food and clothing items could be progressive while simplifying the national tax scheme and discouraging consumption (and encouraging savings).

Posted by: Randy | Mar 31, 2005 3:37:39 PM

Uh oh - I just suggested we pay for George Will's remedial math lessons over at Angrybear. But that will mean even more government spending down the tubes.

Posted by: pgl | Mar 31, 2005 4:40:07 PM

Oh o.k. little georgie. You can have your national sales tax if you will stop telling us how wonderful baseball is. The only thing wonderful about it is that it reduces the need for sleeping pills.

Posted by: the drunken cheerleader | Mar 31, 2005 6:19:21 PM

Randy -- the revenue lost from homes, cars, food, etc would mean everything else needs an absoltely prohibitive tax. If we're going to keep it at 20% (actually impossible, but assuming we could), it'd have to be on every facet of American life. The more things you exempt the less revenue is projected to come in, the only way to square the two are draconian cuts (not feasible) or taxing all non-exempted items at a higher and higher rate. Soon your CD costs $26 and you hate the government.

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