The Washington Post writes that a national sales tax, known in other countries as a value-added tax or VAT, is getting some attention in DC, even among Democrats, who traditionally don’t favor regressive taxing schemes. The article notes some pros and cons about a VAT, as well as the small problem that imposing a 25% sales tax on everything would be political suicide.
Gather round, tax kooks, and listen to the tale of Wesley Snipes. He’s the guy who didn’t pay his taxes while raking in millions, and then tried to collect $7.4 million in tax refunds. Now he’s going to jail for three years thanks to a federal District Judge who doesn’t care much for tax protesters and their zany theories.
Hey kids, did you know that taxes are unconstitutional and that you don’t have to pay them? It’s true! Turns out that the Sixteenth Amendment was never ratified and the U.S. Code doesn’t tax domestic income. Sound complex and illegal? Hit the jump to see how it’s the answer to all your money problems.