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re: Andrew Yang on Google, Amazon helping pay for his $1,000-per-month UBI plan

Posted on 8/20/19 at 7:39 am to
Posted by SlidellCajun
Slidell la
Member since May 2019
10506 posts
Posted on 8/20/19 at 7:39 am to
Here’s the thing:
We already have state sales taxes. Oh... and most states have an income tax too. Many also have property taxes too. And hotel and car rental and event taxes... And an income tax by the feds. We are hit on so many levels, it’s insane and totally unfair.

But Trade off a federal income tax for a federal sales tax and I’m down.

Here’s what’ll happen though. Just like in Europe, we’ll get a sales tax and we’ll keep the income tax.

Vat taxes are sneaky though. I’d rather an add on sales tax done at the register.
Posted by TeLeFaWx
Dallas, TX
Member since Aug 2011
29179 posts
Posted on 8/20/19 at 1:01 pm to
quote:

Here’s the thing:
We already have state sales taxes. Oh... and most states have an income tax too. Many also have property taxes too. And hotel and car rental and event taxes... And an income tax by the feds. We are hit on so many levels, it’s insane and totally unfair.

But Trade off a federal income tax for a federal sales tax and I’m down.

Here’s what’ll happen though. Just like in Europe, we’ll get a sales tax and we’ll keep the income tax.

Vat taxes are sneaky though. I’d rather an add on sales tax done at the register.


I don't disagree, but much like with the Fed and interest rates, in this age of globalization, what other countries do impacts us. Which was my point.
Posted by bee Rye
New orleans
Member since Jan 2006
33964 posts
Posted on 8/20/19 at 3:02 pm to
quote:

Vat taxes are sneaky though. I’d rather an add on sales tax done at the register
you would be paying the vat tax at the register as well, the consumer is who ultimately pays it, everyone else just passes it to you
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