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I have always wonder how owning a few rooms in someone else's building makes sense.
What if the building owner does not pay his taxes??
Are you referring to a condominium? You own your unit and a percentage ( usually based on the square footage of your unit in relation to all units) of common elements.
Or perhaps a co-op where you own a fractional interest in a corporation and rent the right to occupy a unit from the co-op corporation.
Both tend to impose assessments to cover the routine operation, maintenance and eventual replacement of common elements.
Unless you want the sales tax to increase to 100% or some obscene amount, sales tax is not a sustainable model. That is why we have income tax.
Also, any increase of the sales tax will just get passed onto the middle and upper class. Food and clothing will most likely be exempt or there will be rioting.
Yes it would increase substantially but you get rid of the income tax, rich people don't buy expensive things that would be taxed at a much higher amount?
Look your paying theses taxes no matter which ay you look at it, they always get passed onto the end consumer.
I think the reality is that right-wingers are so self-centered that they put forward sales tax as an alternative because the feel that they can prevail in making sales tax more regressive than income tax - and that's actually borne out by the way things are today.
If I sell you something for $1:
Here is my expense column:
.40 for the cost of the product that I pass onto you.
.02 for electricity that I pass onto you.
.02 for the phone that I pass onto you.
.02 for fuel that I pass onto you.
.02 office expenses that I pass onto you.
.02 for heating and A/C that I pass onto you.
.20 in income taxes and fees that I pass onto you.
Here is my profit column:
.30 my net profit
Whether it's sales tax on your bill or income tax I'm including in the cost of the product you're still paying for it.
Yes it would increase substantially but you get rid of the income tax, rich people don't buy expensive things that would be taxed at a much higher amount?
Look your paying theses taxes no matter which ay you look at it, they always get passed onto the end consumer.
Rich people buy very expensive things......think industry and businesses.
Here is my expense column:
.40 for the cost of the product that I pass onto you.
.02 for electricity that I pass onto you.
.02 for the phone that I pass onto you.
.02 for fuel that I pass onto you.
.02 office expenses that I pass onto you.
.02 for heating and A/C that I pass onto you.
.20 in income taxes and fees that I pass onto you.
Here is my profit column:
.30 my net profit
Whether it's sales tax on your bill or income tax I'm including in the cost of the product you're still paying for it.
Then you are write all this off on your income tax.
I have no kids. If I have kids, I intend on homeschooling them. I was homeschooled. School boards can't handle cash correctly. I shouldn't have to pay for my neighbors kids. Yet I am forced to pay? What is this? It feels like I am in some horrible socialist-communist state.
Also, if I buy property, why should I pay the rest of the things associated with property tax on a yearly basis and not just pay it in full when purchasing, or have it included with a mortgage? Why am I constantly obligated to pay property tax every year? What would I do if I wanted to retire?
income taxes are more wrong
also you are paying the cops to defend your property rights if the cops dont steal your property first.
fire men also are suppose to save your property from any fire.
It's already well-established that you're special and everything about your personal business operates differently from not only the way every other business works, but different from the laws of physics as well, most likely.
Quote:
Originally Posted by thecoalman
Whether it's sales tax on your bill or income tax I'm including in the cost of the product you're still paying for it.
Aren't you going to be in for a big shock when you get out in the working world and realize that the next guy is going to steal all your business by reducing their profit margin 1% below your pre-determined, "I want this" profit margin you've set forth.
It's the choice predicated by the chooser's self-handicapping antipathy for the civic responsibility inherent in paying property tax.
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