BillStime Posted January 18, 2023 Share Posted January 18, 2023 A 30% National Sales Tax Link to comment Share on other sites More sharing options...
Tommy Callahan Posted January 18, 2023 Share Posted January 18, 2023 (edited) The national sales tax would fall between 23% and 30%. It could replace the income tax and the 6.2% employee portion of the Social Security tax. If the income tax was eliminated, the Internal Revenue Service, as well as thousands of pages of the tax code, would be obsolete ... It would also send out “prebate” checks to soften the blow on lower income families everyone pays sales tax now. But only half the country pays income taxes. and would take us back to before the 16th. when folks were not taxed on their labor. IRS cost 13.7 B a year to run. interesting to see how the CBO scores this. This would make us the Cayman Islands. wonder if it would pull global investments like they do. Same with corporate rates, this would put us below much of the world Edited January 18, 2023 by Chris farley 1 Link to comment Share on other sites More sharing options...
BillStime Posted January 18, 2023 Author Share Posted January 18, 2023 No way the cult make red states self sufficient and less reliant on Lady Liberty’s big fat nip. 1 1 2 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted January 19, 2023 Share Posted January 19, 2023 (edited) ^^^^^^^^^^^^ explain why Pelosi traded child tax credits for salt deductions^^^^^^^^^^^^^^ DEMS still fighting to remove the cap on SALT. thats nuts. And are they figured in your little formula? Shoot, do you and others grasp its just welfare for rich landowners in DEM states paid for by everyone? including them poor people in those red states? Edited January 19, 2023 by Chris farley Link to comment Share on other sites More sharing options...
SoCal Deek Posted January 19, 2023 Share Posted January 19, 2023 I’d prefer a slightly graduated ‘flat’ tax. 2 Link to comment Share on other sites More sharing options...
Tiberius Posted January 19, 2023 Share Posted January 19, 2023 21 hours ago, Chris farley said: The national sales tax would fall between 23% and 30%. It could replace the income tax and the 6.2% employee portion of the Social Security tax. If the income tax was eliminated, the Internal Revenue Service, as well as thousands of pages of the tax code, would be obsolete ... It would also send out “prebate” checks to soften the blow on lower income families everyone pays sales tax now. But only half the country pays income taxes. and would take us back to before the 16th. when folks were not taxed on their labor. IRS cost 13.7 B a year to run. interesting to see how the CBO scores this. This would make us the Cayman Islands. wonder if it would pull global investments like they do. Same with corporate rates, this would put us below much of the world So who collects the tax? Another burden on businesses? And the chance to cheat? Wow! Canada will laugh all the way to the bank, imagine how much cheaper goods will be? A 30% discount just driving over the bridge? 1 Link to comment Share on other sites More sharing options...
LeviF Posted January 19, 2023 Share Posted January 19, 2023 I guess the VAT is one way to do it, though it isn't my favorite. But the current system just doesn't work. Link to comment Share on other sites More sharing options...
Tiberius Posted January 19, 2023 Share Posted January 19, 2023 3 minutes ago, LeviF said: I guess the VAT is one way to do it, though it isn't my favorite. But the current system just doesn't work. Doesn’t work how? Historic low unemployment is horrible or something? 1 Link to comment Share on other sites More sharing options...
SoCal Deek Posted January 19, 2023 Share Posted January 19, 2023 2 minutes ago, Tiberius said: Doesn’t work how? Historic low unemployment is horrible or something? Huh? Unemployment has gone both up and down over the many decades our current system has been in place. Link to comment Share on other sites More sharing options...
Tiberius Posted January 19, 2023 Share Posted January 19, 2023 1 minute ago, SoCal Deek said: Huh? Unemployment has gone both up and down over the many decades our current system has been in place. Yes Link to comment Share on other sites More sharing options...
Westside Posted January 19, 2023 Share Posted January 19, 2023 21 hours ago, BillStime said: No way the cult make red states self sufficient and less reliant on Lady Liberty’s big fat nip. Don’t you mean urban blue cities? Lots of generations bleeding the public dry. 1 Link to comment Share on other sites More sharing options...
Tiberius Posted January 19, 2023 Share Posted January 19, 2023 29 minutes ago, Westside said: Don’t you mean urban blue cities? Lots of generations bleeding the public dry. No, red states leach off of the productive states. The rural areas of this country are really poor, in many instances. 1 Link to comment Share on other sites More sharing options...
Westside Posted January 19, 2023 Share Posted January 19, 2023 Just now, Tiberius said: No, red states leach off of the productive states. The rural areas of this country are really poor, in many instances. Less people means less poor in rural areas. The urban cities have miles and miles of nothingness and despair the rural folks don’t have. In the country you can at least raise your own food. Not in the urban areas. Everyone is literally on top of one another. Besides, the soil in the city are usually loaded with chemicals and who knows what else has been dumped there. Link to comment Share on other sites More sharing options...
Tiberius Posted January 19, 2023 Share Posted January 19, 2023 1 minute ago, Westside said: Less people means less poor in rural areas. The urban cities have miles and miles of nothingness and despair the rural folks don’t have. In the country you can at least raise your own food. Not in the urban areas. Everyone is literally on top of one another. Besides, the soil in the city are usually loaded with chemicals and who knows what else has been dumped there. Rural areas are just not doing well. Link to comment Share on other sites More sharing options...
PetermansRedemption Posted January 19, 2023 Share Posted January 19, 2023 58 minutes ago, Tiberius said: So who collects the tax? Another burden on businesses? And the chance to cheat? Wow! Canada will laugh all the way to the bank, imagine how much cheaper goods will be? A 30% discount just driving over the bridge? Surely these upstanding citizens would be declaring it as they come back into the US 😂 Link to comment Share on other sites More sharing options...
Westside Posted January 19, 2023 Share Posted January 19, 2023 Just now, Tiberius said: Rural areas are just not doing well. Some are some aren’t. Unlike democrat run cities, like Baltimore, LA, Detroit , etc are failing in record numbers. How many democrat run cities have filed for bankruptcy? Link to comment Share on other sites More sharing options...
Tiberius Posted January 19, 2023 Share Posted January 19, 2023 2 minutes ago, Westside said: Some are some aren’t. Unlike democrat run cities, like Baltimore, LA, Detroit , etc are failing in record numbers. How many democrat run cities have filed for bankruptcy? Those places are full of rich people. Link to comment Share on other sites More sharing options...
Joe Ferguson forever Posted January 19, 2023 Share Posted January 19, 2023 https://www.semafor.com/article/01/18/2023/republicans-worry-a-national-sales-tax-bill-would-be-a-political-gift-for-democrats. I'm gonna leave this here again cuz it's profound and hilarious at the same time: Grover Norquist guiding the R's to the "left".🙃 I'm wondering if any simpleton has done an analysis on how much more in tax the average MAGA will pay. Link to comment Share on other sites More sharing options...
Westside Posted January 19, 2023 Share Posted January 19, 2023 14 minutes ago, Tiberius said: Those places are full of rich people. And a hundred or even a thousand poor for every rich liberal in the blue cities. Link to comment Share on other sites More sharing options...
Orlando Buffalo Posted January 19, 2023 Share Posted January 19, 2023 22 hours ago, BillStime said: A 30% National Sales Tax 1 hour ago, Tiberius said: So who collects the tax? Another burden on businesses? And the chance to cheat? Wow! Canada will laugh all the way to the bank, imagine how much cheaper goods will be? A 30% discount just driving over the bridge? Neither of you have the slightest clue on economics and especially what is in this bill. The fact that you think the 30% tax would just be added on the end product without a sizable drop in the initial cost screams people who have never worked a real job. As for "who collects the tax" businesses already collect state and local taxes in almost the entire country and the vast majority have some kind of federal liability, so the process would change slightly not be new. If it passes the IRS would only hound businesses not individuals making the IRS a much more useful tool. This will never pass because Biden needs to be sure he keeps allowing guys like Trump to claim millions in tax losses to avoid paying any taxes while living at MaraLargo. 1 Link to comment Share on other sites More sharing options...
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