Concept: Use a National Sales Tax of 10% replacing all federal taxes. No program survives without revenue. Our 10% sales tax provides a hard ceiling to spending.

Current Tax Revenue: ~$4.7 Trillion per year

New Tax Revenue: A 10% national sales tax on consumer spending could generate substantial revenue.

• Total U.S. consumer expenditures (2023): ~$19 trillion

• Estimated federal revenue from 10% tax: ~$1.9 trillion/year

(Assumes full compliance; in practice, some adjustment needed for exemptions and avoidance)

• Advantages/Notes:
  • Simple process to calculate and file returns
  • Does not give favorability to one industry or business over another
  • Exempt all Groceries (Food & Beverages)