Response to Newt's Post
The national sales tax is a tax charged on bought products and would ultimately substitute the income tax. The sales tax could have many implications for the tax industry. One of the major impacts is the loss of jobs in the industry. For the tax industry, it could nearly abolish the necessity for tax preparation and professional CPA advice. The tax on investments or corporate income would no longer be there, which would reduce the more complex issues of tax preparation. In particular, there would be a significant loss of jobs in the tax industry, because only a small fraction of the IRS force would be required to implement and collect the national sales tax income ( Michel, 2019) . Some would be dealt with in the state offices as is currently. By similarly administering the national sales tax as the existing income tax, tax revenue would be collected without IRS's help, as the Treasure Department would handle the tax revenues.
The Bible talks about the importance of paying taxes, in which it emphasizes on why people should pay taxes. Introducing the national sales tax would ensure that every citizen pays taxes to the government, and thus the government would be able to provide services to its citizens. Romans 13:5-7 (ESV) says, "Therefore one must be in subjection, not only to avoid God's wrath but also for the sake of conscience. For because of this you also pay taxes, for the authorities are ministers of God, attending to this very thing. Pay to all what is owed to them: taxes to whom taxes are owed, revenue to whom revenue is owed, respect to whom respect is owed, honor to whom honor is owed."
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Reference
Michel, A. N. (2019). Sales Taxes. Informing Public Policy: Analyzing Contemporary US and International Policy Issues through the Lens of Market Process Economics , 123.
Response to Whren's post
A national sales tax (the fair tax), is the idea that everybody should pay their fair share on the basis of what they spend instead of their earnings. The taxation of consumption instead of the productivity could promote savings and investments, thus encouraging production as well as economic development (Marotta, 2013). Generally, the adoption of the national sales tax would have several implications on the tax industry. Potentially, the national sales tax would destroy the whole tax industry, because many individuals could lose their employment in the IRS. The IRS would be abolished since the tax code which is so complex to comprehend would not be required. Most tax preparers would be rendered jobless, since they would no longer be needed for helping people understand how to pay their taxes (Marotta, 2013). According to the Fair Tax website, the tax preparers, legal representatives, and IRS staffs, who are generally well trained and well-armed with transferable expertise, will be forced to find other, more useful jobs. (FairTax, 2013). Further, the website asserts that their valuable skills would be applied more proactively in following money trails of terrorists and drug criminals, rather than monitoring the American employees' taxes (FairTax, 2013).
Generally, the Bible talks about obedience to the authority and payment of taxes. It stresses the need for citizens to obey the authorities and pay taxes because God chooses the governing authorities. Therefore, introducing the national sales tax is aligned with the teachings of the Bible, which require every person to pay tax. At the core of the national sales tax is to ensure that all citizens pay taxes. Romans 13:7-8 (ESV) states that "Pay to all what is owed to them: taxes to whom taxes are owed, revenue to whom revenue is owed, respect to whom respect is owed, honor to whom honor is owed. Owe no one anything, except to love each other, for the one who loves another has fulfilled the law."
References
FairTax. (2013). Frequently asked questions answers – Americans for fair taxation . Retrieved October 27, 2013, from http://www.fairtax.org/site/PageServer?pagename=about_faq_answers#20
Marotta, D. (2013, February 11). Is a national sales tax really fair?. Forbes. Retrieved October 27, 2013, from http://www.forbes.com/sites/davidmarotta/2013/02/11/is-a-national-sales-tax-really-fair/
