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Would You Abolish The IRS/Income Tax for a 20% Sales Tax On Everything?
Posted on 12/26/17 at 2:55 pm
Posted on 12/26/17 at 2:55 pm
A 19% VAT tax is applied to every purchase in Europe with the exception of very few items (second hand, etc.)
They have no income tax or monstrous government arm that is in charge of collecting like the IRS. Sales tax is easier to collect and ensures everyone pays into the system.
One more reason Europe is light years ahead of the US.
They have no income tax or monstrous government arm that is in charge of collecting like the IRS. Sales tax is easier to collect and ensures everyone pays into the system.
One more reason Europe is light years ahead of the US.
32
Posted on 12/26/17 at 2:58 pm to RFK
In theory, yes. In practice, within a decade we would end up both with a 20% sales tax and an income tax system.
Posted on 12/26/17 at 2:58 pm to RFK
Light years ahead of US in what?
Posted on 12/26/17 at 2:59 pm to RFK
100%. Sales taxes are the way to go because they are largely unavoidable and require very little bureaucracy to collect and enforce.
Posted on 12/26/17 at 3:00 pm to Joshjrn
quote:
In theory, yes. In practice, within a decade we would end up both with a 20% sales tax and an income tax system.
This
Posted on 12/26/17 at 3:00 pm to RFK
quote:
They have no income tax
Who is "they" in this sentence?
I support abolishing income tax in favor of sales tax.
But, um, European nations have income taxes.
Posted on 12/26/17 at 3:00 pm to RFK
quote:
ne more reason Europe is light years ahead of the US.
Our corrupt pols would never allow it. They would lose too much control. I like a flat tax personally. Everyone pays 15%. Basic business writes offs only.
Posted on 12/26/17 at 3:01 pm to Joshjrn
Halfway to 20% sales tax now.
Posted on 12/26/17 at 3:01 pm to RFK
Why are European nations going bankrupt?
Is it because people are buying from Amazon and Craiglist?
Is it because people are buying from Amazon and Craiglist?
Posted on 12/26/17 at 3:02 pm to RFK
You have a known rapist as your avatar
Posted on 12/26/17 at 3:02 pm to doubleb
quote:
Light years ahead of US in what?
Genocide of native populations with massive third world brown immigration.
Posted on 12/26/17 at 3:07 pm to RFK
Sales tax is inherently regressive. The poor and working class are going to be paying a higher percentage of their income in taxes than someone well-to-do who is able to invest a much larger percentage of their earned income.
The best system is no taxation at all, but barring that, a completely flat tax with a deduction up to 1.5x the poverty level is workable.
The best system is no taxation at all, but barring that, a completely flat tax with a deduction up to 1.5x the poverty level is workable.
Posted on 12/26/17 at 3:07 pm to RFK
quote:
Would You Abolish The IRS/Income Tax for a 20% Sales Tax On Everything?
Yes. Taxes would go down for those of us who pay taxes now, and it would broaden the tax base by preventing people who work under the table or get paid mostly in cash from being able to avoid paying taxes....illegals, cash-tipped hospitality workers, hair dressers, etc.
Posted on 12/26/17 at 3:09 pm to RFK
quote:
They have no income tax or monstrous government arm that is in charge of collecting like the IRS
Ummmm what?
Posted on 12/26/17 at 3:09 pm to HempHead
quote:
a completely flat tax with a deduction up to 1.5x the poverty level is workable.
No deduction. The whole point of a flat tax system is that everyone has skin in the game.
Posted on 12/26/17 at 3:10 pm to RFK
quote:
One more reason Europe is light years ahead of the US.
Merry Christmas you sky screamer!!!
Posted on 12/26/17 at 3:11 pm to HempHead
quote:
Sales tax is inherently regressive. The poor and working class are going to be paying a higher percentage of their income in taxes than someone well-to-do who is able to invest a much larger percentage of their earned income.
You could exempt certain items from the sales tax...basic groceries, baby food/diapers, etc. Then lower income people would only pay tax on luxury or non-necessity items.
Posted on 12/26/17 at 3:11 pm to Joshjrn
quote:
No deduction. The whole point of a flat tax system is that everyone has skin in the game.
I get that, but I'm okay with no one paying an income tax on stuff less than, say, $25,000.
As I've said, I'd prefer no federal taxation whatsoever, but that's about as likely as me starting for the Warriors next season.
Posted on 12/26/17 at 3:13 pm to RFK
I like user taxes, those who use pay- eliminate Income tax and property tax
Sales Tax
Gasoline Tax
Utility Tax
If you use it you pay for it. The more you use the more you are taxed- you have some control over your taxes
Sounds good in theory but politicians have to find a way to pad their pockets
Sales Tax
Gasoline Tax
Utility Tax
If you use it you pay for it. The more you use the more you are taxed- you have some control over your taxes
Sounds good in theory but politicians have to find a way to pad their pockets
Posted on 12/26/17 at 3:13 pm to Joshjrn
quote:
In practice, within a decade we would end up both with a 20% sales tax and an income tax system.
Fairtax only happens after Constitution is amended to eliminate income tax.
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