Posted on 01/31/2005 7:12:16 AM PST by bmweezer
And never mind that @ 25% of a price of a new car is imbedded taxes already. Which would disappear. And that if you buy a used car, you pay ZERO sales tax.
Not true. Every new item is taxed under the NRST, but the Family Consumption Allowance (as mentioned above), allows people to decide for themselves what their necessities are.
Correct. The only caveat I would add to the plan for a national sales tax is that it must also include a repeal of the 16th Amendment, otherwise we will end up with both. The other benefit to this plan is that people will be constantly reminded of exactly how much they pay in tax since they will have to pay it with each purchase. It would no longer be painlessly deducted before you even see it. This might have the effect of finally providing incentive to hold the line on spending, at least in the voter's mind! The cost of government programs will be transmitted directly to the consumer, both large and small.
Gabz, I really respect you and agree with so many of your posts it isn't funny. I have a favor to ask: please please please take a really good look at the proposed NRST--basic necessities aren't taxed, the costs of tax compliance are removed from EVERY STAGE of production and prices are lowered, the government is OUT of your pocket and doesn't need to know what you have or what you earn, and a huge politicized sick behemoth (current tax law) is given the swift death it has earned.
There are provisions for that too. The tax is not on everything. It would replace a lot of existing taxes as well rather than being lumped on top. Depends on which proposal you read.
As far as I know, they do........thus my being able to see both sides of this.
Who makes the arbitrary decision of what is a necessity? Fertilzer is a necessity for a farmer, but not for a Wall Street executive. An automobile is a necessity for someone in a rural area with no mass transit, but not for a city dweller.
Who's gonna police the collectors to make sure they collect the right taxes from the right goods?
Who does now?
EXACTLY! The same can be said for those who say "A NRST would hurt the poor" or "A NRST would hurt retirees".
Nothing could be further from the truth and anytime you hear folks arguing against the NRST based on this sort of logic it is proof they either don't understand the concept or they don't want to understand the concept.
Taxes are power. Power corrupts and absolute power corrupts absolutely.
I can understand the idea to a degree, but it would kill small businesses like mine to a degree. At least with the figures I have heard being provide to how much the tax would be.
I agree. He is misinformed. It's more like 50%.
Nit-pick -- that's not a retail expense, assuming the farmer is actually growing food commercially, and so would not be taxed. The NRST is not a VAT, it only applies to retail sales. (Of course, a home gardener would pay tax on his/her fertilizer, since that's for personal, not business, use.)
Again, I can see both sides of the issue.
If I had my druthers, the first way I would like to see taxes fairly dealt with is to get rid of most government bureaucracy.....but alas, I'm not in charge.
Not true. Every new item is taxed under the NRST, but the Family Consumption Allowance (as mentioned above), allows people to decide for themselves what their necessities are.
A.G., kevkrom is under the false belief that food, clothing and medicine will be taxed under the NRST preposed in the House and Senate.
A.G. since you know more about this subject, could you point out the error in his thinking.
And then he turns around and brings up spending, which makes the point of the NRST right there. Spending will never go down as long as politicians can hide taxation by turning corporations into tax collectors.
They wouldn't, and the idea of destroying the economy in order to try to get a tiny amount taxes out of gang bangers and pushers as well as to achieve the equality of impoverishment of the middle class is so loaded with stupid that its laughable.
One thing I like about a sales tax is that it does a better job of taxing the underground economy. Illegals et al still shop in regular stores.
You make a statement like that, you'd better be able to show me the math. So, I humbly request that you show me how you came up with that number.
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