TAX TAX TAX and more TAX

[Coronita]

[quote=meadandale][quote=yooklid]Having grown up in Europe with a VAT, I can tell you one thing, we DON’T HAVE A SALES TAX. Does that mean that Sales taxes will be dropped in lieu of VAT?[/quote]

Nope…we’ll still have sales tax…and income tax and property tax. There are no plans on the table to have the VAT replace anything else. It will be IN ADDITION to current taxes.

So, assuming a 10% VAT that means that the sales tax rate will be 18+% in CA.[/quote]

The closest thing I can kinda think of is…Canada…

Canadians have been bending over for some time paying
*Federal income tax
*Provincial income tax
*PST (provincial sales tax) anywhere between 7-10% depending on province.
*GST/HST (VAT like tax) +5%

Yeah, and there’s a reason why folks who live at the border cross into the U.S. to buy all sorts of crap and drag it back over the boarder….

Actually, if VAT ever goes in, we might end up paying more in taxes than our neighbors north…

http://en.wikipedia.org/wiki/Taxation_in_Canada

I use to joke around with my Canadian buddies that they’re bending over when it comes to taxaction….I guess the last laugh is on us…Feel canadian lately, ey?

[blahblahblah]

I use to joke around with my Canadian buddies that they’re bending over when it comes to taxaction….I guess the last laugh is on us…Feel canadian lately, ey?

At least they get decent healthcare as part of the deal. We’ll still be stuck with our criminal health insurance companies.

[blahblahblah]

I use to joke around with my Canadian buddies that they’re bending over when it comes to taxaction….I guess the last laugh is on us…Feel canadian lately, ey?

At least they get decent healthcare as part of the deal. We’ll still be stuck with our criminal health insurance companies.

[blahblahblah]

I use to joke around with my Canadian buddies that they’re bending over when it comes to taxaction….I guess the last laugh is on us…Feel canadian lately, ey?

At least they get decent healthcare as part of the deal. We’ll still be stuck with our criminal health insurance companies.

[blahblahblah]

I use to joke around with my Canadian buddies that they’re bending over when it comes to taxaction….I guess the last laugh is on us…Feel canadian lately, ey?

At least they get decent healthcare as part of the deal. We’ll still be stuck with our criminal health insurance companies.

[blahblahblah]

I use to joke around with my Canadian buddies that they’re bending over when it comes to taxaction….I guess the last laugh is on us…Feel canadian lately, ey?

At least they get decent healthcare as part of the deal. We’ll still be stuck with our criminal health insurance companies.

[SD Realtor]

Funny about that Concho as several clients I have who have Canadian relatives, and even some of my own family in Canada came to the USA for medical procedures due to the length of time they had to wait for their own system to get them the procedure.

Again, it is sad to read postings where people do not even have fundamental knowledge about the source of where the tax money goes. Confusing sales tax with a VAT is a sad commentary. Most people have no clue about other taxes they pay, for example when the go pump gas at the pump. To hear people thing other taxes will go away when a VAT is implemented is crazy.

Once a tax is in place it doesn’t just go away.

***************

CAR I don’t buy into the only poor people have multiple jobs. I am a walking example of multiple jobs. For over 8 years I had my engineering job and my real estate business. I paid a higher tax rate because I made more money then if I had only one job. I also worked WAY more hours then someone who would have only had 1 of those jobs. With that money I made investments to make more money and get taxed at an even higher rate.

Anyways to me, a flat tax with NO loopholes makes a heck of alot of sense. Penalizing someone for busting ass and working hard makes no sense to me.

[SD Realtor]

Funny about that Concho as several clients I have who have Canadian relatives, and even some of my own family in Canada came to the USA for medical procedures due to the length of time they had to wait for their own system to get them the procedure.

Again, it is sad to read postings where people do not even have fundamental knowledge about the source of where the tax money goes. Confusing sales tax with a VAT is a sad commentary. Most people have no clue about other taxes they pay, for example when the go pump gas at the pump. To hear people thing other taxes will go away when a VAT is implemented is crazy.

Once a tax is in place it doesn’t just go away.

***************

CAR I don’t buy into the only poor people have multiple jobs. I am a walking example of multiple jobs. For over 8 years I had my engineering job and my real estate business. I paid a higher tax rate because I made more money then if I had only one job. I also worked WAY more hours then someone who would have only had 1 of those jobs. With that money I made investments to make more money and get taxed at an even higher rate.

Anyways to me, a flat tax with NO loopholes makes a heck of alot of sense. Penalizing someone for busting ass and working hard makes no sense to me.

[SD Realtor]

Funny about that Concho as several clients I have who have Canadian relatives, and even some of my own family in Canada came to the USA for medical procedures due to the length of time they had to wait for their own system to get them the procedure.

Again, it is sad to read postings where people do not even have fundamental knowledge about the source of where the tax money goes. Confusing sales tax with a VAT is a sad commentary. Most people have no clue about other taxes they pay, for example when the go pump gas at the pump. To hear people thing other taxes will go away when a VAT is implemented is crazy.

Once a tax is in place it doesn’t just go away.

***************

CAR I don’t buy into the only poor people have multiple jobs. I am a walking example of multiple jobs. For over 8 years I had my engineering job and my real estate business. I paid a higher tax rate because I made more money then if I had only one job. I also worked WAY more hours then someone who would have only had 1 of those jobs. With that money I made investments to make more money and get taxed at an even higher rate.

Anyways to me, a flat tax with NO loopholes makes a heck of alot of sense. Penalizing someone for busting ass and working hard makes no sense to me.

[SD Realtor]

Funny about that Concho as several clients I have who have Canadian relatives, and even some of my own family in Canada came to the USA for medical procedures due to the length of time they had to wait for their own system to get them the procedure.

Again, it is sad to read postings where people do not even have fundamental knowledge about the source of where the tax money goes. Confusing sales tax with a VAT is a sad commentary. Most people have no clue about other taxes they pay, for example when the go pump gas at the pump. To hear people thing other taxes will go away when a VAT is implemented is crazy.

Once a tax is in place it doesn’t just go away.

***************

CAR I don’t buy into the only poor people have multiple jobs. I am a walking example of multiple jobs. For over 8 years I had my engineering job and my real estate business. I paid a higher tax rate because I made more money then if I had only one job. I also worked WAY more hours then someone who would have only had 1 of those jobs. With that money I made investments to make more money and get taxed at an even higher rate.

Anyways to me, a flat tax with NO loopholes makes a heck of alot of sense. Penalizing someone for busting ass and working hard makes no sense to me.

[SD Realtor]

Funny about that Concho as several clients I have who have Canadian relatives, and even some of my own family in Canada came to the USA for medical procedures due to the length of time they had to wait for their own system to get them the procedure.

Again, it is sad to read postings where people do not even have fundamental knowledge about the source of where the tax money goes. Confusing sales tax with a VAT is a sad commentary. Most people have no clue about other taxes they pay, for example when the go pump gas at the pump. To hear people thing other taxes will go away when a VAT is implemented is crazy.

Once a tax is in place it doesn’t just go away.

***************

CAR I don’t buy into the only poor people have multiple jobs. I am a walking example of multiple jobs. For over 8 years I had my engineering job and my real estate business. I paid a higher tax rate because I made more money then if I had only one job. I also worked WAY more hours then someone who would have only had 1 of those jobs. With that money I made investments to make more money and get taxed at an even higher rate.

Anyways to me, a flat tax with NO loopholes makes a heck of alot of sense. Penalizing someone for busting ass and working hard makes no sense to me.

[gandalf]

– Progressive = redistribute money from rich to poor
– Neutral = taxing each according to their means
– Regressive = redistribute money from poor to rich

Regressive is what we have now, in large part because of all of the loopholes and avoidance. Tax policy is one of the reasons for the astronomical changes in wealth and income distribution in the past 30 years. The current regressive policy is not fair.

It is NOT FAIR to take money from middle class households (the poor relatively no taxes) and give to wealthy and corporate classes. That is redistribution out of the pockets of the middle class to people and companies — WHO DON’T NEED IT. If you support the current tax code, you’re either a SHIRKER, or you’re among the deceived.

SDR, for the record, I don’t think you’re either a tax cheat or a right-wing idiot. I think you’re a moderately conservative but totally balanced and completely reasonable guy.

I suspect what you intended to say is that you support a ‘neutral’ tax policy — to each according to their means. That’s what I support too. So I think we’re probably in complete agreement here on the substance.

I have no idea how it gets implemented though. It’s tricky, and details matter. I think both wage income and gains from wealth should be treated as ‘Income’. That would be a good place to start. The VAT approach works around income tricks by taxing production.

Whatever the approach, the current regressive tax code is unfair and needs to be reformed. So I’m pleased the Obama administration is looking into this. Tax outlays as a percentage of GDP are too high on the middle class and too low for the wealthy and corporate classes.

I fully expect an ignorant and disingenuous outcry from anti-tax TEA-party idiots on the right (which includes lots of average means white people who mainly can’t get over the fact the President of the U.S. is a black dude).

[gandalf]

– Progressive = redistribute money from rich to poor
– Neutral = taxing each according to their means
– Regressive = redistribute money from poor to rich

Regressive is what we have now, in large part because of all of the loopholes and avoidance. Tax policy is one of the reasons for the astronomical changes in wealth and income distribution in the past 30 years. The current regressive policy is not fair.

It is NOT FAIR to take money from middle class households (the poor relatively no taxes) and give to wealthy and corporate classes. That is redistribution out of the pockets of the middle class to people and companies — WHO DON’T NEED IT. If you support the current tax code, you’re either a SHIRKER, or you’re among the deceived.

SDR, for the record, I don’t think you’re either a tax cheat or a right-wing idiot. I think you’re a moderately conservative but totally balanced and completely reasonable guy.

I suspect what you intended to say is that you support a ‘neutral’ tax policy — to each according to their means. That’s what I support too. So I think we’re probably in complete agreement here on the substance.

I have no idea how it gets implemented though. It’s tricky, and details matter. I think both wage income and gains from wealth should be treated as ‘Income’. That would be a good place to start. The VAT approach works around income tricks by taxing production.

Whatever the approach, the current regressive tax code is unfair and needs to be reformed. So I’m pleased the Obama administration is looking into this. Tax outlays as a percentage of GDP are too high on the middle class and too low for the wealthy and corporate classes.

I fully expect an ignorant and disingenuous outcry from anti-tax TEA-party idiots on the right (which includes lots of average means white people who mainly can’t get over the fact the President of the U.S. is a black dude).

[gandalf]

– Progressive = redistribute money from rich to poor
– Neutral = taxing each according to their means
– Regressive = redistribute money from poor to rich

Regressive is what we have now, in large part because of all of the loopholes and avoidance. Tax policy is one of the reasons for the astronomical changes in wealth and income distribution in the past 30 years. The current regressive policy is not fair.

It is NOT FAIR to take money from middle class households (the poor relatively no taxes) and give to wealthy and corporate classes. That is redistribution out of the pockets of the middle class to people and companies — WHO DON’T NEED IT. If you support the current tax code, you’re either a SHIRKER, or you’re among the deceived.

SDR, for the record, I don’t think you’re either a tax cheat or a right-wing idiot. I think you’re a moderately conservative but totally balanced and completely reasonable guy.

I suspect what you intended to say is that you support a ‘neutral’ tax policy — to each according to their means. That’s what I support too. So I think we’re probably in complete agreement here on the substance.

I have no idea how it gets implemented though. It’s tricky, and details matter. I think both wage income and gains from wealth should be treated as ‘Income’. That would be a good place to start. The VAT approach works around income tricks by taxing production.

Whatever the approach, the current regressive tax code is unfair and needs to be reformed. So I’m pleased the Obama administration is looking into this. Tax outlays as a percentage of GDP are too high on the middle class and too low for the wealthy and corporate classes.

I fully expect an ignorant and disingenuous outcry from anti-tax TEA-party idiots on the right (which includes lots of average means white people who mainly can’t get over the fact the President of the U.S. is a black dude).

[gandalf]

– Progressive = redistribute money from rich to poor
– Neutral = taxing each according to their means
– Regressive = redistribute money from poor to rich

Regressive is what we have now, in large part because of all of the loopholes and avoidance. Tax policy is one of the reasons for the astronomical changes in wealth and income distribution in the past 30 years. The current regressive policy is not fair.

It is NOT FAIR to take money from middle class households (the poor relatively no taxes) and give to wealthy and corporate classes. That is redistribution out of the pockets of the middle class to people and companies — WHO DON’T NEED IT. If you support the current tax code, you’re either a SHIRKER, or you’re among the deceived.

SDR, for the record, I don’t think you’re either a tax cheat or a right-wing idiot. I think you’re a moderately conservative but totally balanced and completely reasonable guy.

I suspect what you intended to say is that you support a ‘neutral’ tax policy — to each according to their means. That’s what I support too. So I think we’re probably in complete agreement here on the substance.

I have no idea how it gets implemented though. It’s tricky, and details matter. I think both wage income and gains from wealth should be treated as ‘Income’. That would be a good place to start. The VAT approach works around income tricks by taxing production.

Whatever the approach, the current regressive tax code is unfair and needs to be reformed. So I’m pleased the Obama administration is looking into this. Tax outlays as a percentage of GDP are too high on the middle class and too low for the wealthy and corporate classes.

I fully expect an ignorant and disingenuous outcry from anti-tax TEA-party idiots on the right (which includes lots of average means white people who mainly can’t get over the fact the President of the U.S. is a black dude).

[Author]

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