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1
Posted on 4/15/19 at 12:59 pm to yatesdog38
quote:nope
so you want more potholes in streets?
Posted on 4/15/19 at 1:02 pm to LSURussian
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.
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 4/15/19 at 1:08 pm
Posted on 4/15/19 at 1:08 pm to Nguyener
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.
Posted on 4/15/19 at 1:10 pm to GoIrish02
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?
Posted on 4/15/19 at 1:33 pm to stuntman
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.
Posted on 4/15/19 at 2:46 pm to weagle99
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 4/15/19 at 2:47 pm
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