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Would eliminating income tax and replacing it with a national sales tax be a good idea?

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Would eliminating income tax and replacing it with a national sales tax be a good idea?

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I like the idea of a national sales tax because a consumption based tax would be fairer all around. If someone wants to live the high life, they would pay for it. My reservations with it are that it might discourage consumerism in this country, and encourage people to seek out the higher end items in other countries (via mail or other methods) and essentially avoid the tax. I also wonder if it would create a black market for high end items.

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