Posted by
Message
yatesdog38
Mississippi St. Fan
in your head rent free
Member since Sep 2013
5402 posts
 Online 

re: Repeal the 16th Amendment and abolish income taxes
so you want more potholes in streets?


ShortyRob
LSU Fan
Member since Oct 2008
65774 posts

re: Repeal the 16th Amendment and abolish income taxes
quote:

so you want more potholes in streets?

nope


Replies (0)
Replies (0)
02
GoIrish02
Notre Dame Fan
Metairie
Member since Mar 2012
842 posts

re: Repeal the 16th Amendment and abolish income taxes
No, it wouldn't actually. The price level of finished goods would remain the same, by eliminating the embedded layers of taxes on intermediate goods in the finished product. Currently, every step of a product has layer of taxes embedded that gets compounded.

Most people misconceive prices would go from 1X to 1.17X but the allocated price of any good would go down correspondingly by the national sales tax rate, with prices remaining constant, e.g. 1X = 0.83X cost + 0.17X sales tax.

There's a much more detailed information on the Fair Tax website: www.fairtax.org

This is a major misconception the government wants you to believe so it can perpetuate the current system.

Edit: Derp, saw the Fair Tax link someone posted already. Clearly most of the people in the thread need to spend some time there before showing their ignorance in the thread.
This post was edited on 4/15 at 1:08 pm


Godfather1
Houston Astros Fan
SE Louisiana
Member since Oct 2006
56311 posts
 Online 

re: Repeal the 16th Amendment and abolish income taxes
quote:

Employers should not be able to withhold taxes. Eveyone should have to write a check. That would certain make you think more carefully about how your taxes are spent


It’ll never happen.

If people actually had to write a check for the full amount they owe every April 15th, they’d be descending upon Washington with pitchforks and torches. And the government knows it.


Replies (0)
Replies (0)
00
yatesdog38
Mississippi St. Fan
in your head rent free
Member since Sep 2013
5402 posts
 Online 

re: Repeal the 16th Amendment and abolish income taxes
kinda like a major misconception that you think this will work and are Okay with the United States being the test subject for a tax system that has never been implemented in the history of mankind? What is a finished good and who decides that?


Replies (0)
Replies (0)
10
alphaandomega
Alabama Fan
Tuscaloosa
Member since Aug 2012
5597 posts

re: Repeal the 16th Amendment and abolish income taxes
quote:

I'm against all taxation, but if we're going to have taxes, they sould be collected when we voluntarily spend our money, not taken by force when we earn it.




And if it was a sales tax the leaches in this country would be paying a little as well.


Replies (0)
Replies (0)
00
wareaglepete
Auburn Fan
Sugar Bear
Member since Dec 2012
2453 posts

re: Repeal the 16th Amendment and abolish income taxes
I see people all the time with ideas like abolish income taxes or get rid of the FBI. This will never happen willingly. The only way anything would happen would be through revolution. The government is a living breathing monster and it will protect its interests and maintain control no matter what. Things like taxes and the FBI are government mechanisms to exact control over the citizens.
This post was edited on 4/15 at 2:47 pm


Replies (0)
Replies (0)
10
first pageprev pagePage 3 of 3next pagelast page
refresh

Back to top

logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram