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re: Govts love to use private entities to collect taxes, remember with this "mileage" tax
Posted on 3/28/21 at 6:31 am to jclem11
Posted on 3/28/21 at 6:31 am to jclem11
quote:
Good try at a gotcha though.
How would that be a gotcha? You are taxed almost daily from birth to death. In many cases you or your purchase have been taxed many times over for a single transaction.
1
Posted on 3/28/21 at 7:57 am to Navtiger1
quote:
You are taxed almost daily from birth to death.
Sure but this board loves to trot out the boogey man of the Estate tax when virtually no-one pays the Estate tax as I have shown above.
quote:
In many cases you or your purchase have been taxed many times over for a single transaction.
Citation needed. On the sales tax front, if you are reselling an item, that transaction is not taxed until the end consumer purchases the good.
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