One more thing...
There is concern that an National Sales Tax would cause a myriad of accountants to lose their jobs.
But, I propose that if the IRS is still allowed to tax all business entities as it does now while having a National Sales Tax for the
rest of us then most accountants will still be in business.
Why?
Well it seems to me that the main accounting professionals that would be effected by a National Sales Tax on the masses are the accounting professionals that work for establishments like H&R Block, Jackson Hewett or the Turbo Tax people.
Moreover the majority of the masses don't use C.P.A's anyway ( although increasingly more of them or using Turbo tax or doing their own taxes).
So I really don't see how the majority of accountants would be out of work in the scenario I have proposed -- Continued Income Tax For Business Entities and a National Sales Tax for the rest of us.
Accountants working for corporate america for instance would still have their jobs because they will still be needed to keep the books straight or find the loopholes in order to help their company continue tax avoidance against the IRS.
There is concern that an National Sales Tax would cause a myriad of accountants to lose their jobs.
But, I propose that if the IRS is still allowed to tax all business entities as it does now while having a National Sales Tax for the
rest of us then most accountants will still be in business.
Why?
Well it seems to me that the main accounting professionals that would be effected by a National Sales Tax on the masses are the accounting professionals that work for establishments like H&R Block, Jackson Hewett or the Turbo Tax people.
Moreover the majority of the masses don't use C.P.A's anyway ( although increasingly more of them or using Turbo tax or doing their own taxes).
So I really don't see how the majority of accountants would be out of work in the scenario I have proposed -- Continued Income Tax For Business Entities and a National Sales Tax for the rest of us.
Accountants working for corporate america for instance would still have their jobs because they will still be needed to keep the books straight or find the loopholes in order to help their company continue tax avoidance against the IRS.