Institute a sales tax

I have had a wavering view on what we should do with the debt, but the point remains that we need to reduce it dramatically, and to do that we need to both increase revenue and decrease expenses. To increase revenue, I propose a sales and services tax to the tune of about 3%. In Michigan, a tax rate of 6% provides roughly 50% of the state's revenue. Along with the sales tax, a gas, alcohol and tobacco tax should be instituted or raised. Would you be vehemently opposed to this? Why?
1,946 views 1 replies
Reply #1 Top
Institute a sales tax

By: sandy2
Posted: Tuesday, October 12, 2004 on Rants and Raves
Message Board: Politics
I have had a wavering view on what we should do with the debt, but the point remains that we need to reduce it dramatically, and to do that we need to both increase revenue and decrease expenses. To increase revenue, I propose a sales and services tax to the tune of about 3%. In Michigan, a tax rate of 6% provides roughly 50% of the state's revenue. Along with the sales tax, a gas, alcohol and tobacco tax should be instituted or raised. Would you be vehemently opposed to this? Why?


Because 1 there is already a tax on all of them! 2 do you realize approx half of what you pay at the pump are taxes? Both federal and state.
Same with tobacco check the graph on page 3: Link