[lookout123]

each individual purchase made by a wealthy individual would account for a smaller % of their income, but as you know, those who make more, spend more. as they purchase and consume more they will pay more $$$ in taxes. if this were multiplied by all of the purchasers in the nation, i would think that a relatively small % of sales tax would need to be in place to maintain the expenses of the nation.

for myself - i actually support a true flat tax ( a set %) for all, with 0 exemptions or shelters. i believe if this were in place EVERYONE would keep more of their money in their pockets. this of course will never happen because the lawyers, accountants, and the rest of the tax industry propagate the myth that this "REGRESSIVE" tax is another wealthy policians plan to screw the "working class"