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kind of like vehicles where you now have to remove the front bumper to do simple things like replace headlights... create extra work for a mechanic that otherwise would not exist due to the added complexity...
And my accountant loves it. Between the added complexities of the tax code and the IRS thugs denying taxpayers easy access to paper forms and instruction booklets he's had a booming tax season.
So . . . you have an accountant but "IRS thugs" are not providing you with "paper forms and instruction booklets?" If you have the former, why do you need the latter? Did you just make that up, or do you have an accountant born in the 1930's?
#1 It would save countless man hours and stress in homes, business, and government as it would be simple.
#2 It would be harder to avoid and paying under the table loses a lot of ground.
#3 It would be harder for corrupt politicians to exploit a national sales tax to target individuals or give subsidies to big business.
#4 Less people would have careers in taxes, which would free them up for jobs that are better for developing and improving human society.
Sounds sensible, except the regressive nature of such tax. No wonder the rich folks love it. Are people psychologically ready to pay 2x, 3x or more the current sales tax on top of whatever the state and local governments would impose separately? Y'all still be biatching about the taxes.
Sounds sensible, except the regressive nature of such tax. No wonder the rich folks love it. Are people psychologically ready to pay 2x, 3x or more the current sales tax on top of whatever the state and local governments would impose separately? Y'all still be biatching about the taxes.
Mick
Not if food was not taxed. Lots of states have sales tax but none or reduced rates on food so it shouldn't be to hard to do.
I know I know the poor can't afford it and what will they do without their child and earned income tax credits. I don't know. Maybe the same thing the people who raised kids in the 60's did?
#1 It would save countless man hours and stress in homes, business, and government as it would be simple.
#2 It would be harder to avoid and paying under the table loses a lot of ground.
#3 It would be harder for corrupt politicians to exploit a national sales tax to target individuals or give subsidies to big business.
#4 Less people would have careers in taxes, which would free them up for jobs that are better for developing and improving human society.
It's called VAT and it averages around 18% internationally and then we can join the rest of first world countries who overall pay more taxes across the board than Americans. But before advocating this type of taxation, I advise you to fly over to Europe and shop there. Because on top of that tax they pay a import tax.
So as you fly out, stop at MickyDs and pay $6 for your combo meal and when you arrive at your destination and go to a MickyDs there and order the same exact meal and it costs you $14 keep in mind this is what you wished for.
#1 It would save countless man hours and stress in homes, business, and government as it would be simple.
#2 It would be harder to avoid and paying under the table loses a lot of ground.
#3 It would be harder for corrupt politicians to exploit a national sales tax to target individuals or give subsidies to big business.
#4 Less people would have careers in taxes, which would free them up for jobs that are better for developing and improving human society.
Quote:
Originally Posted by MTQ3000
Sounds sensible, except the regressive nature of such tax. No wonder the rich folks love it. Are people psychologically ready to pay 2x, 3x or more the current sales tax on top of whatever the state and local governments would impose separately? Y'all still be biatching about the taxes.
Mick
Easily solved. Have a luxury tax rate for high end things like Armani suits, cars with $100,000+ price tags, $1 million+ houses, third and fourth vacation homes, yachts, private jets and stuff like that. If your base sales tax rate is 15% for everything else, then charge 30% sales tax on buying a new Ferrari.
Personally, I don't understand the overwhelming need to punish the rich for being rich. But there's no way a "fair tax" system ever happens without doing exactly that. Odds are, the rich will manage to dodge luxury tax rates just as skillfully as they avoid paying taxes today.
Easily solved. Have a luxury tax rate for high end things like Armani suits, cars with $100,000+ price tags, $1 million+ houses, third and fourth vacation homes, yachts, private jets and stuff like that. If your base sales tax rate is 15% for everything else, then charge 30% sales tax on buying a new Ferrari.
They tried that with boats, Killed the new boating industry overnight..
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