The National Sales Tax

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For each generation that grows up in America, there is always one thing that they all share, taxes. Individuals pay taxes on almost everything these days. Taxes are charged on purchases of food, goods, and even services. Taxes are also taken out of payroll checks each pay period and deposited into government accounts for use later. And lastly, at the beginning of the year when income tax is due, if an individual has done what is necessary, they will end up with a refund. If not, they can end up with a high tax repayment bill that leaves them wondering what went wrong. What if, however, there was a way to change the Nation’s taxation system? Would it be worth it to an individual to pay more for items instead of paying taxes at the end of the …show more content…

Seniors and low-income families would suffer the most if a National Sales Tax were imposed. Seniors receive a majority of their fixed income from Social Security and supplement their income with savings. Since they have already “been taxed once on their earnings, they would essentially be taxed a second time on purchases.” (6) There are ideas though on ways to make exceptions for seniors so that they do not get taxed a second time. Lower-Income Families would also be affected because they receive benefits and credits, reducing personal taxes, however, they would possibly lose these if the National Sales Tax were adopted. A National Sales Tax would require them to pay more out of pocket towards food or services, reducing their monthly income. However, the National Sales Tax could reverse this problem by enticing individuals and families to consume less This will allow them to not only build savings but also lower the cost of goods and services because there will be less of a demand for them. The individuals of the United States will ultimately benefit from a decrease in the cost of goods and services regardless of their income status. In conclusion, there have been many arguments about the effects of a National Sales Tax. Those who oppose it say that it is too risky, causing harm the economy, significant job-loss and burden those that cannot afford necessities. Those who are for it argue that a National Sales Tax would do the exact opposite and plead for a change in the way America taxes its people. Therefore, in these uncertain times, especially for the future of the government, why not take a chance and try a National Sales

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