Doesn’t a National Retail Sales Tax especially hurt those on low and fixed incomes?
Some of the proposed tax bills most certainly would, especially if necessities of life are not exempt. NESARA is designed to avoid this problem as NESARA recognizes the essential natural rights of life, liberty and property. First, under NESARA necessities such as food, medicine, and mandated expenses are exempt. For most people on fixed or low incomes, most of their earnings go toward the necessities of life. Under NESARA, these expenses would be unaffected by a sales tax. Second, NESARA recognizes and segregates labor from being taxed. Labor is the fundamental root source from which all income is derived. Third, the annual total sales tax paid by such people will be less than what is paid by the existing annual income tax. Consider the fabled poor family of four. At a minimum wage of $5.15/hour, two full-time wage earners provide an annual income of $21,424, (2 workers×$5.15/hour×40 hours/week×52 weeks/year = $21,424). According to the March 1999 Current Population Survey by the U.S.
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- Doesn’t a National Retail Sales Tax especially hurt those on low and fixed incomes?
