[quote=spdrun]Frankly, in an ideal state, R.E. taxes would approach zero, and all revenue would be from income and sales tax.[/quote]
If a system like this were in place, Gen Y (that’s YOU, spdrun) would be SCREWED.
Retirees no longer have W-2 wages to pay “income tax” with and don’t “consume” anywhere near what younger generations do, so don’t pay much sales tax, either.
