I was recently introduced to this taxing system and wondered what some of you all thought about it. This is obviously for the US, but some of you not from here may still know something and have an opinion.
Seems like a very good idea to me, but as some of you may remember I am not the most knowlegeable about these sorts of things
Anyway, to sum it up, you pay no taxes out of your paycheck, but instead pay taxes only on new goods/services that you use or purchase. Effectively paying only for the things you do and not for others.
I look forward to reading your replies
Oh yeah, here is the link-
Their FAQ has a lot of good info.