Trump will scrap federal income tax and abolish IRS, ally suggests

[DENVERPOPS]

72. Exactly

They have wanted to install a VAT tax for a long time, which IS WAY BEYOND REGRESSIVE by a huge amount.
The rich will pay an insignificant part of their income on purchases, and we all will pay the VAT tax on a big percent of our incomes.

Other countries have it and it works, but they ALL have free health care, free or ultra cheap meds, free college education etc, in return.

We won't get anything, but a barely liveable wage, and "barely existing" subsistence..............

The car market is already on the skids because no one can afford a new car, kids can't buy houses and can barely afford the outrageous rents, utility bills have soared out of sight, groceries have suffered from a 20-30% increase over the past 2-3 years for smaller quantities, gas prices are still high, vegetable prices have soared, etc etc etc etc.
And if you go to a fast food outlet, the size of everything has shrunk by a third, and it is three times as expensive as the original sized items....