And the FTS will have to be vastly more intrusive than the IRS ever has been: to beat my hypothetical retailing scam they would need to a) monitor every retail outlet and b) every wholesale order by such outlets.I don’t understand how this is more intrusive. Almost every state already collects sales taxes and in the process monitors retailers along with the IRS. They would be the ones doing the collecting and much of the enforcement as they already do. They would NOT be monitoring household income and deductions, dividends,capital gains, depreciation rates, mileage rates, medical expenses or a whole host of other things that now require exhaustive recordkeeping by individuals and businesses. The present system is far more intrusive than the sales tax will ever be.
