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The biggest problem I see with this is the devestation that will happen to anyone who majored in accounting, CPA's, IRS Agents, etc. Too many people have tied up their entire personal worth in the existance of a complicated tax system.
Also, it would make it MUCH easier to avoid paying taxes. Just buy things from Canada, Mexico, Europe, China, whatever. I guess IRS Agents could figure out some way to enforce a use tax on those items.
I don't think it'll fly.
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Mu Tau 5, Central Oklahoma
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