re: #21 ausador

Excuse me, let me be much more specific. The wealthy would still not have to pay anything in National sales tax on any money not spent to buy actual goods in that calender tax year, correct?

So the poor have to pay a flat tax with no deductions on every cent they earn, then pay a national sales tax on every cent they spend. The wealthy would have to pay the same tax as the poor on every cent they earned, but then only have to pay the sales tax on the tiny percentage of their income that was actually spent on goods instead of being banked or invested. Is this not correct also?

Look up the definition of “Regressive” taxation…because this is what they mean.

My point is that you are wrong in your underlying assumption that the wealthy spend only a “tiny percentage of their income” on goods and services. The money they earn does get spent. First it gets taxed at the source and then taxed again as it is spent.