but makes it impossible to tax those who buy from people such as that. as long as you buy from people who don't report the sale there will be no tax. do you really think that someone like Bush is going to be for something that will not make him wealthier / more powerful? It would be a lot easier to get around a system like this than it is to get around the one we have now... IF you have the resources (that only the very rich have)epicstruggle said:
If your a republican....
- Thread starter epicstruggle
- Start date
Yeah sales tax doesn't really work on a large scale. We definitely need to overhaul the tax system. After $150,000 of income no more social security payments are deducted. While you may or may not disagree with this, it is an example of a hidden tax, if you are average you pay about 10% (of income) or more to social security, if you are like Bill gates you pay a tiny fraction of that.
There are other examples as well, I think that simply having everyone pay a flat tax wouls actually make really rich folks pay more, b/c there would be less tax shelters. Either way though things need to be modified.
There are other examples as well, I think that simply having everyone pay a flat tax wouls actually make really rich folks pay more, b/c there would be less tax shelters. Either way though things need to be modified.
i'll drink to that! I keep hearing "yeah but the government is taking the money out of your paycheck to put into your social security, so you'll get it back later." But what if I don't plan on living in this country for the rest of my life, what if I don't even plan on staying a citizen? I will never get money from social security because I'm not sticking around in this sinkhole-waiting-to-pop long enough.ByteMe said:
For more info go to:http://www.salestax.org/Sage said:
Yes there will some small loopholes. However its alot better than the large loopholes in the tax system today. Seriously this would make the tax system fair for everyone. And would make cheating alot harder.
later,
epic
see colon said:"Free for whom? Someone always pays. "
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ok maybe i should rephrase that. get the money by taxing tobacco, alchohol, and cosmetic surgery
c:
Medicare already takes care of over 80% of total health care consumed as its by people over age of 65. The US getting a parallel system that covered those without coverage would in fact add little to overall costs of health care in the US. A lot less than most people think. And in fact might save not only a lot of unnecessary pain and suffering as people get help sooner but also avoid having to take care of these uncovered people when they end up needing very expensive acute care and chronic care...
See, this is what happens when people dont know the spirit of the thread.Sage said:
This thread is where i have stated my DIFFERENCES with Bush (and his administration). I do feel like a republican but I do differ with them from time to time. This is where i do. later,
epic
diarrhea_splatter
Banned
epicstruggle said:
Only if you don't know what's really going on
epicstruggle said:
Please don't. If it's mindless drivel, we'd all be better off without it.
http://www.inforwars.com
epicstruggle said:
Another good aspect of the sales tax is that it is neutral with regards to investment and consumption. The current income tax system taxes investment by taxing the income of the investor prior to saving and then taxing the income made off of the investment. The sales tax OTOH only taxes the value added by the capital, eliminating the bias inherent in the current system towards spending and away from saving.
um... "splatter":
Your link is misspelled; I assume you meant www.infowars.com instead. The reason I say this is because I clicked on your link then got about 20 pop-ups from a name squatter.
Many assume that loopholes whithin the income tax system, wouldnt find their way into a sales tax system. Its a big assumption but then again if the political wil exists to change th tax system in de[th it could close loopholes. That same will could probably close a lot of the loopholes in the imcomwe tax system however.
I dont see how it could be good for the economy to slap a 23% sales tax (if I remember right that was the number given during the last election) when consumer are struggling as they are with high debt. And of course with 2/3rds of the economy being a consumer economy...
I dont see how it could be good for the economy to slap a 23% sales tax (if I remember right that was the number given during the last election) when consumer are struggling as they are with high debt. And of course with 2/3rds of the economy being a consumer economy...
Ok i dont think your understanding the whole concept.pax said:
First, i believe one of the plans suggests a 15% sales tax.
Second, no more income tax, ...
Then, everyone gets a stipend yearly/monthly/...
You only get taxed when you buy things with your stipend/wages.
Seems very simple. You eliminate the IRS. You eliminate alot of buracracy.. And now we encourage saving.
later,
epic