Mike Moffatt at About Economics has a very thorough and even-handed analysis of what might happen under a National Sales Tax. He addresses the following questions:
- What impact will the change have on consumer spending and the economy?
- Who wins and who loses under a national sales tax?
- Is such a scheme even feasible?
Click here for the whole thing. It's worth a read - you'll probably hear more about the issue in the months to come.