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Re: New National Sales Tax
Old 11-07-2004, 01:35 PM   #41
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Re: New National Sales Tax

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It also would free up a lot of completely wasted effort that now goes into tax compliance and enforcement.
Are you sure about this? We have an idea what it takes to prepare tax returns once a year, but have you figured out how much time and enforcement it will take to make sure every single purchaser is paying the NST?
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Re: New National Sales Tax
Old 11-07-2004, 03:53 PM   #42
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Re: New National Sales Tax

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Are you sure about this? *We have an idea what it takes to prepare tax returns once a year, but have you figured out how much time and enforcement it will take to make sure every single purchaser is paying the NST?
No, I am not sure. But since all but 8 to 10 states are right now doing this very effiiciently, my expectation is that it would be pretty straightforward.

Mikey
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Re: New National Sales Tax
Old 11-07-2004, 04:13 PM   #43
 
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Re: New National Sales Tax

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No, I am not sure. But since all but 8 to 10 states are right now doing this very effiiciently, my expectation is that it would be pretty straightforward.

Mikey
Yeah, but they're losing revenue on the internet everyday and are scrambling to figure this out!
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Re: New National Sales Tax
Old 11-07-2004, 05:17 PM   #44
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Re: New National Sales Tax

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No, I am not sure. But since all but 8 to 10 states are right now doing this very effiiciently, my expectation is that it would be pretty straightforward.
Just multiply the sales by 30% and send it in, right?

It is probably one of the most INEFFICIENT taxes out there because there is NO CONTROL. Like I said, the big retailers like WalMart and KMart do a great job with a sales tax, but have you ever seen what goes on beyond the big players? If you have a friend in the state department of revenue that collects sales taxes, ask him or her how efficient the sales tax is. There are probably just as many things not being taxed when they should be as there are things being taxed.

And this is where state sales taxes are all under 10%. Make the tax rate 30% or higher and remove the income control and you will really see some creative salesmanship.
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Re: New National Sales Tax
Old 11-07-2004, 08:26 PM   #45
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Re: New National Sales Tax

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Just multiply the sales by 30% and send it in, right?

It is probably one of the most INEFFICIENT taxes out there because there is NO CONTROL. *Like I said, the big retailers like WalMart and KMart do a great job with a sales tax, but have you ever seen what goes on beyond the big players? *If you have a friend in the state department of revenue that collects sales taxes, ask him or her how efficient the sales tax is. *There are probably just as many things not being taxed when they should be as there are things being taxed.

And this is where state sales taxes are all under 10%. *Make the tax rate 30% or higher and remove the income control and you will really see some creative salesmanship.
Any idiot can say anything, but I would really like to see some evidence of your assertion above.

I have run retail businesses, and I can state that sales tax is a hard tax to fiddle. Orders of magnitude harder than income tax.

Wihich is not to say that some peckerwood selling tomatoes by the roadside might not withhold some of his sales tax. It just isn't very important in the scheme of things.

Mikey
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Re: New National Sales Tax
Old 11-08-2004, 07:08 AM   #46
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Re: New National Sales Tax

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Any idiot can say anything, but I would really like to see some evidence of your assertion above.
You have been on the side submitting the tax to the government, but you haven't been on the side receiving the tax from businesses. Talk to someone administering the state sales tax and see what they tell you.

I know you're smart enough to find examples of sales tax fraud on your own, but here are some anyway (and these are only the people that were caught):

http://www.state.tn.us/revenue/newsr...ews/thomas.htm

http://www.sctax.org/News+Releases/A...Smith+plea.htm

http://www.hsmv.state.fl.us/news/pr021804.html

http://seattle.bizjournals.com/seatt...9/daily26.html

http://www.yorknewstimes.com/stories...40704002.shtml

http://news.com.com/States+push+for+...3-5187751.html

http://www.revenue.state.il.us/legal...st/st01-30.pdf

http://www.reviewjournal.com/lvrj_ho...s/7369428.html

http://www.herald.ns.ca/cgi-bin/home...aw+PE03Jul19+2
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Re: New National Sales Tax
Old 11-08-2004, 07:08 AM   #47
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Re: New National Sales Tax

At least now we are debating the details instead
of rejecting the NST out of hand.

That's progress ....... thanks!

Cheers,

Charlie
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Re: New National Sales Tax
Old 11-08-2004, 07:18 AM   #48
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Re: New National Sales Tax

P.S.

Hey retire@40 ........ no system is perfect. There will
always be deadbeats and crooks who try to scam
the system. Your links do nothing to convince me
that a national sales tax would be worse than the
current income tax.

We do pretty well with the sales tax in Texas and
have no state income tax. Can't say the same for
most of the states on the Left Coast and the L-EAST
Coast.

Cheers,

Charlie
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