All static calculations are fantasy, because they assume that humans do not adapt. Humans adapt.
Tax rates should not be a function of old tax law in period. It should be based on rational concerns...
Socialist claptrap. Taxation is theft.
You definition of loophole is fine, however your application of it misses the point.
The point is much larger than "used" versus "new". The point is that humans adapt. Every legal behavior that people adopt to avoid the tax will be labeled a "loophole" in the future.
Apparently you believe they ought to be tax one or more times, so just how many times do you figure any product ought to be taxed by the federal government...
Zero.
Socialist claptrap. Taxation is theft
Guess the founders of this nation were socialists then as taxation is the method provided for in the Constitution for payment of the nation's debts, providing for the common defense and general welfare as it is delimited by the enumerated powers of Congress under Article II Section 8 of said Constitution.
You definition of loophole is fine, however your application of it misses the point.
The point is much larger than "used" versus "new". The point is that humans adapt. Every legal behavior that people adopt to avoid the tax will be labeled a "loophole" in the future.
Hardly, as the tax where "used property" is concerned is a non-sequiter. It has already been paid, there is nothing left to avoid.
Apparently you believe they ought to be tax one or more times, so just how many times do you figure any product ought to be taxed by the federal government...
Zero.
Which puts you in a camp outside of conservatism, as taxation is the mode established under Article I section 8 of the Constitution and consumption taxation in its multiple forms are very clearly established in our debate histories as the preferred candidate for generating revenue for fund government.
Sorry, don't buy your cant of taxes are theft. More a tax protest/anarchist's position than one of a rational position taken from Constitutional considerations. Taxation is the obvious chosen method of financing government by the founders of this nation and a conservative approach to funding government constrains itself to the remedies provided for in the constitution..
Thanks for letting us know where you actually are coming from which has nothing to do with tax reform, and more to do with a system totally in opposition to basic provisions for funding in our Constitution.