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30 sats \ 0 replies \ @Undisciplined 20 Feb \ parent \ on: House GOP Bill Aims to Abolish the IRS and Rewrite the Tax Code Politics_And_Law
My dad read about a proposal to do that years ago. He was quite taken with the idea.
My main objection to that is the introduction of a bunch of new points of friction in our transactions. If a larger rate is levied at the point of final consumption, the tax incidence will impute it's way back through the production structure.