400% NST Tax Analysis
This is a copy of a conversation between ChatGPT & Scott Bryan. Report content Scott said: We’ve talked before about taxing the black market. I think it was my first interaction with a much earlier version of you. At this point I’d like to more carefully consider all of the issues surrounding a 400% national sales tax on everything. The idea is that the IRS would issue $4 of NST tax credit for every dollar of reported income after income tax. Banks and payment systems, like checks, credit & debit cards would manage redeeming the credits automatically. Receipts from cash transactions would have a number or QR code people could enter to exchange credits for the cash they used. Foreign tourists would be given a special card mated to their identity to tally the credits they’d be gifted at points of sale. The program would be announced a year in advance to give people time to compile proof of their net worth so they could be given credits to cover everythi...