Article: GOP may hit retailers where it hurts; Rep. Lott says national sales tax being considered.(Senate Majority Leader Trent Lott)

WASHINGTON (FNS) -- Before retailers had the chance to truly savor the results of Tuesday's elections and the continued Republican majorities in Congress, Senate Majority Leader Trent Lott (R., Miss.), dropped a bombshell Wednesday morning.

Outlining options Republicans are considering in tax reform, which tops their legislative agenda, Lott said a national sales tax or a consumption tax was being considered.

"Is a single flat rate the way to go, or is a consumption tax or a national sales tax a better way to go?" Lott told reporters in a Capitol Hill press conference. "Let's begin the dialogue. Let's talk to the American people and then do it."

The ...

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