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Re: New National Sales Tax
11-07-2004, 12:35 PM
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#41
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Thinks s/he gets paid by the post
Join Date: Feb 2004
Posts: 2,670
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Re: New National Sales Tax
Quote:
It also would free up a lot of completely wasted effort that now goes into tax compliance and enforcement.
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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?
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Re: New National Sales Tax
11-07-2004, 02:53 PM
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#42
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2003
Location: Hooverville
Posts: 22,983
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Re: New National Sales Tax
Quote:
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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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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"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
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Re: New National Sales Tax
11-07-2004, 03:13 PM
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#43
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Re: New National Sales Tax
Quote:
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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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
11-07-2004, 04:17 PM
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#44
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Thinks s/he gets paid by the post
Join Date: Feb 2004
Posts: 2,670
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Re: New National Sales Tax
Quote:
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.
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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.
__________________
No man is free who is not master of himself. --- Epictetus
Enjoy Yourself (It's Later Than You Think). --- Guy Lombardo
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Re: New National Sales Tax
11-07-2004, 07:26 PM
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#45
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2003
Location: Hooverville
Posts: 22,983
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Re: New National Sales Tax
Quote:
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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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
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
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Re: New National Sales Tax
11-08-2004, 06:08 AM
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#47
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Thinks s/he gets paid by the post
Join Date: Mar 2004
Location: Dallas
Posts: 1,211
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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
11-08-2004, 06:18 AM
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#48
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Thinks s/he gets paid by the post
Join Date: Mar 2004
Location: Dallas
Posts: 1,211
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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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