The Missing Piece in American Tax System: Why a Federal GST Could Transform US Revenues
The United States faces challenges that transcend state boundaries—national defense, Social Security, Medicare, infrastructure connecting the entire nation, pandemic response, climate change mitigation, and servicing a federal debt that now approaches the size of the entire economy. These are inherently federal responsibilities that cannot be delegated to fifty separate state governments operating with conflicting priorities, varying fiscal capacities, and vastly different economic bases. Yet America's federal government operates with one hand tied behind its back: while it bears responsibility for addressing national challenges, it relies on a revenue system uniquely inadequate among developed nations. This mismatch between responsibility and revenue capacity isn't merely inefficient— it's dangerous. When the federal government lacks robust, reliable revenue sources, it cannot respond effectively to crises, cannot make long-term investme...