[There's really too much to summarize, but a few things stand out, the first of which being a LOT of mention of 'common law', rest as follows]
(a) In General.—There is hereby imposed a tax on the use or consumption in the United States of taxable property or services.
“(b) Rate.—
“(1) FOR 2023.—In the calendar year 2023, the rate of tax is 23 percent of the gross payments for the taxable property or service.
“(4) GENERAL REVENUE RATE.—The general revenue rate shall be 14.91 percent.
...and...
USED PROPERTY.—The term ‘used property’ means—
“(A) property on which the tax imposed by section 101 has been collected and for which no credit has been allowed under section 202, 203, or 205, or
“(B) property that was held other than for a business purpose (as defined in section 102(b)) on December 31, 2022.
[maybe indicating that real estate business holdings will be taxed, but not households? idk]
"(b) PURPOSES - “(2) To tax all consumption of goods and services in the United States once, without exception, but only once.
[There's a carrot here for sure...not entirely convinced we'd get to eat it, could a stick somewhere I'm not seeing.]
[There's really too much to summarize, but a few things stand out:]
(a) In General.—There is hereby imposed a tax on the use or consumption in the United States of taxable property or services.
“(b) Rate.—
“(1) FOR 2023.—In the calendar year 2023, the rate of tax is 23 percent of the gross payments for the taxable property or service.
“(4) GENERAL REVENUE RATE.—The general revenue rate shall be 14.91 percent.
...and...
USED PROPERTY.—The term ‘used property’ means—
“(A) property on which the tax imposed by section 101 has been collected and for which no credit has been allowed under section 202, 203, or 205, or
“(B) property that was held other than for a business purpose (as defined in section 102(b)) on December 31, 2022.
[maybe indicating that real estate business holdings will be taxed, but not households? idk]
"(b) PURPOSES - “(2) To tax all consumption of goods and services in the United States once, without exception, but only once.
[There's a carrot here for sure...not entirely convinced we'd get to eat it, could a stick somewhere I'm not seeing.]