cpt.fass4 wrote:
It's actaully a really simple plan that would take a while to put in place. But drop the income tax on american citizens and make the money back in sales tax. A billion dollar wall is not going to stop this problem at all, but econimics would. While improving our living conditions and increasing our wages to cover the cost of living that it would obviously have, we will fix this problem at the roots.
thoughts?
Your plan has two problems:
1-Droping income taxes would increase the government deficit.
2-Increasing the real wage by paying less taxes, would give people more money to spend in things, the products demand will be higher and that would bring inflation, or prices will raise, called it the way you want. The sales tax is about 7 to 10% aprox. in almost every state, so it doesn't cover the income tax drop.
You will have a government without any resources and raising prices, quite a problem.