Tell me if I have this right.

Your going to remove income tax, and add it to an excise tax.

1. your raw materials are going to cost a LOT more than imported materials.
2. Do you lift this tax burden for exported goods? Or are you killing all your countries export industries. If you are lifting the tax on exports, why can other countries get the goods cheaper then your own? After all, you produced them.
3. Its totally unfair. Take an unemployed person for example. Currently his income tax is zero. But your going to add the income tax of the countries wealthiest people into the basic cost of goods, so that his bread and milk costs will go way up? Thats going to benefit the high income earners greatly.