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To: rolling_stone
The US automotive industry could never survive this. GM has 300 billion in debt now. Granted, they're going under anyway but anything like GM that bites the dust during an NRST transition is going to be blamed on the NRST.

Read the bill, you will need to get an exemption for your purchases, and will be subject to audit.

And who audits? The X million guys who just had the sign over their offices changed from "IRS enforcement" to "NRST audit dept"...

While we're at it, what about real estate? What sort of protection does anybody outside of California have from rate increases which might arise in a declining real estate market? If I buy a used house, is it not taxed?

What rate increases are you talking about?. Is a used house different from a used car?

Property tax rate increases, the ones Californians are essentially immune to because the assesment only changes to new value when the property changes hands.

In general, my dislike of an NRST is primarily from the standpoint of it not starving out the politicians fast enough.

I'll probably be more inclined to agree with it after the economic collapse that hovers over us at the moment (I'm a "Gloom and Doomer" to some). Note the tagline, it's what we need to get back to at some point...

297 posted on 09/20/2005 6:19:43 PM PDT by Axenolith (Got Au? Ag?)
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To: Axenolith
The US automotive industry could never survive this. GM has 300 billion in debt now. Granted, they're going under anyway but anything like GM that bites the dust during an NRST transition is going to be blamed on the NRST.

Why would NRST cause GM to fail? New car prices will respond to the market, and GM will be able export at a lower price due to decrease of embedded taxes...

...Read the bill, you will need to get an exemption for your purchases, and will be subject to audit....

And who audits? The X million guys who just had the sign over their offices changed from "IRS enforcement" to "NRST audit dept"...

Yeah but with about 80% less collection points....what tax system do you propose that has no audits or enforcement?

While we're at it, what about real estate? What sort of protection does anybody outside of California have from rate increases which might arise in a declining real estate market? If I buy a used house, is it not taxed? What rate increases are you talking about?. Is a used house different from a used car? Property tax rate increases, the ones Californians are essentially immune to because the assesment only changes to new value when the property changes hands.

What does that have to do with NRST? What are your "assumptions'?

In general, my dislike of an NRST is primarily from the standpoint of it not starving out the politicians fast enough.

So its better to keep what we have them put them on a diet? Do you have a proposal that is passable?

I'll probably be more inclined to agree with it after the economic collapse that hovers over us at the moment (I'm a "Gloom and Doomer" to some). Note the tagline, it's what we need to get back to at some point...

Sorry you are so full of doom and gloom, we could use some help in saving the Nation, IMO NRST is a start,part of a plan,something realistic and doable. It beats watching the water rise and screaming for FEMA to help without being prepared ahead of time.

314 posted on 09/20/2005 7:11:27 PM PDT by rolling_stone (Question Authority!)
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