Posted on 08/26/2015 6:47:59 AM PDT by HomerBohn
All you need right now is half, so two thirds would be an improvement. Unless you think that a court would rule that a sales tax isn't now explicitly allowed and overturn it and this would change that.
Taxation without representation...
sounds familiar...somehow...
Economically, you're correct. But in terms of psychology, having the tax be visible on every purchase will at least make the average non-political type acutely aware of the cost of government.
Remember, a lot of these folks see their income tax refund as "free money". Got to change their perceptions to get enough popular groundswell to do something about all that spending.
Your repeatedly debunked falsehoods on the subject would belie this assertion.
I agree with your point - up to a point. Most people can’t tell you how much they spend in sales tax now. I imagine that Congress and retailers will want to move to an “all inclusive” price / bill that would require the customer to jump through hoops to find out the actual itemized bill that shows the tax.
Unfortunately, you are so right!
You’re sorry?
Mitch the bitch has already stated that there will be no shut down. So a national sales tax is inevitable as long as he is running the Senate.
I wouldn’t trust a national sales tax or VAT tax proposal, because it is too likely to be tacked on in addition to an income tax. They lower income tax rates, get vat or sales tax, and then they have two taxes to administer and end up jacking up both.
I’m in the automobile business. For 24 years. And it would flat kill new car sales.
This is exactly right. There's no way in hell that they would simply replace the income tax with a retail or VAT orientated tax. This would be on top of the income tax as they have plans for that additional revenue in the form of new social programs, student loan payoffs, and so on.
The far scarier scenario for me is the imposition of a retail or VAT type tax along with the taking of retirement plans. Before you say it would never happen, if the government came up with a plan where you signed over your retirement fund for a guaranteed amount each month and you didn't have to worry about investing, taxes, etc., I think that 51% of the population would easily vote for it, if not more.
That is a threat. The politicians see all that money just laying around in private 401K accounts and they try to think of how they can get their hands on it and put it to good use. All in the name of fairness of course.
Just a PS to the VAT proposal. The first time I visited Britain, I was told to save my receipts for everything I bought to bring home. When I left, I went to a VAT station at Heathrow and claimed back the VAT charges on my gifts. A few weeks later, I received a check for that extra money. Tourists are refunded the VAT......only those living in the country are assessed.
bkmk
A national sales tax INSTEAD of an income tax, perhaps not a bad idea.
A national sales tax ON TOP OF an income tax, an economy killer.
How would an oil tariff be voluntary?
But like I said I am not for putting duties on raw materials.
Because putting a tariff on foreign oil will raise domestic fuel prices.
But somehow, magically, if you put a tariff on foreign manufactured products, the domestic manufactured product doesn't go up in price?
When you say it out loud, you realize how silly your voluntary claim was.
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