Poll: Consumption tax

[thurlow]

 I copied this from another site; don't know where it came from originally........................

Tax his land,   Tax his bed,  Tax the table at which he's fed.  Tax his
tractor, tax his mule, teach him taxes are the rule!

Tax his cow,  Tax his goat,  Tax his pants,   Tax his coat.   Tax his ties,
Tax his shirt,   Tax his work,   Tax his dirt.

Tax his tobacco,  Tax his drink,   Tax him if he tries to think.   Tax his
cigars,   Tax his beers,  if he cries,

then Tax his tears.  Tax his car,   Tax his gas, find other ways   To tax
his mass  Tax all he has,  then let him know

That you won't be done till he has no dough. When he screams and hollers,
then Tax him some more,  Tax him till

He's good and sore.   Then tax his coffin,  Tax his grave,  Tax the sod in
which he's laid.   Put these words  upon his tomb,

"Taxes drove me to my doom..."  When he's gone, do not relax,  its time to
apply The inheritance tax.

Accounts Receivable Tax,  Building Permit Tax,  CDL license Tax, City Income
Taxable Tax ,  Cigarette Tax,  Corporate Income

Tax,  Dog License Tax,  Federal Income Tax,  Federal Unemployment Tax
(FUTA),  Fishing License Tax,  Food License Tax,

Fuel permit tax,  Gasoline Tax (42 cents per gallon),  Hunting License Tax,
Inheritance Tax,  Interest expense,  Inventory tax

IRS Interest Charges,   IRS Penalties (tax on top of tax),   Liquor Tax,
Luxury Taxes,   Marriage License Tax,  Medicare Tax,

Property Tax,   Real Estate Tax,  Service charge taxes,   Social Security
Tax,   Road usage taxes,   Sales Tax,  Recreational Vehicle

Tax,   School Tax,   State Income Tax,   State Unemployment Tax (SUTA),
Telephone federal excise tax,   Telephone federal

universal service fee tax,   Telephone federal, state and local surcharge
taxes,   Telephone minimum usage surcharge tax

Telephone recurring and non-recurring charges tax,  Telephone state and
local tax,   Telephone usage charge tax,  Utility Taxes

Vehicle License Registration Tax,   Vehicle Sales Tax,   Watercraft
registration Tax,   Well Permit Tax,   Workers Compensation Tax,

COMMENTS: Not one of these taxes existed 100 years ago, and our nation was
the most prosperous in the world. We had absolutely no national debt, had
the largest middle class in the world, and Mom stayed home to raise the
kids.   What happened?   And I still have to "press 1" for English .

[crtreedude]

Thurlow, wait till you have to press 2 for English... 

[TexasTimbers]

Sorry Brad I struck a nerve. I truly wasn't leaning on you. People who are serious about critisizing others for choosing not to have children are indeed small-minded at best. I carry the humor too far often and did it again. I apologize.

[Quartlow]

I'm in the same boat as Brad, no kids, but school taxes. Go figure.
I don't need any kids, I figure a certain Texan here has enough for me and him  :D  :D  :D

[gibby]

Fair tax for me.
But make congress vote 2/3s for any raise in the tax, make it hard for them politicians in DC to get more of our hard earned money. Also make the main stream media accountable, here in NJ they raised the sales tax from 6% to 7% and the news media was calling it "only a penny on a dollar" and they said it was only a "1% increase". Well I am not the best at math but if I divide 6 by 7 I get an increase of 15% not the 1% they where reporting.


gibby

[wiam]

but 7-6=1   : : : :

Will

ps politicians think we are morons

[Bill]

Yep - I think I'm in favor of it. I want the govt to quit its idea of just tapping my bank acct to see what I've made and what I'm allowed to deduct then allowing me to keep what they think I can live on - leastways that's what the rumor mill says their latest scheme is after doing away with cash - they surely don't like that darn ole cash economy - too much unreported goings on for them. Me I figure iffen you pay the tax when you buy something - well the rich folks won't get off on loopholes any more - which I really like. Also like was said if you want to save ( or are poor ) you don't pay but iffen you spend  ( and especially if you be rich ) you pay when you spend - no exceptions - even for the those know it alls inside the beltway. And lest any rich folks think they can get off by buying overseas and bringing it into the country - well they get to pay the highest rates when they come back - seeing they deprived someone from here making a buck. Yep - starting to sound OK. . .

[Brad_S.]

We're good, Kevjay. I knew you were ribbing me but I've had too many experiences with racists berating me and sincerely angry that I'm not reproducing, so yes, it is a bit of a raw nerve.

[OneWithWood]

I have always championed a fair tax, consumption tax, or NST (pick the title you like) with the caveat that the states would need to follow suit.  Not likely to happen.

[metalspinner]

I'm beginning to wonder if my state already has this "fair tax".  We do not have a state income tax in Tennessee, but pay a 9.25% sales tax.  Is my wondering right?

[Ron Wenrich]

That depends.  If they charge the sales tax only on retail goods, then its a consumption tax.  If they charge it on everything, then its not.  Items that are resold, or have already had a tax levied, would not be charged.  For example, used cars won't have a consumption tax.

We have a sales tax on most goods, except food and clothing.  Primary manufacturers don't have to pay sales tax on goods used in the processing.  That's why so many loggers had sawmills.  They were then primary manufacturers, and didn't have to pay tax on things like skidders and tires.

[Don_Papenburg]

We are in the midst of a governor wanting to tax every transation on buisiness that do over 1million , now he said 2million .  because he promised not to raise the income tax and this would be the only fair way as only the buisiness would have to pay :D ;D >:(      This is from a govner who hardly makes it to the state capital except for photo ops and supenas.    He calls his gross recipts tax a fair tax .

[jrdwyer]

It's tax time again. I just bought the software Monday and I got a free music CD this year with the $25 program. Man I am procrastinating! I guess you can tell I don't get that excited about accounting.

I do need the software to prevent errors with schedule C and all those sub-schedules. It is too complicated for even a simple business like mine without some form of electronic tally and error checker.

A consumption tax on new retail goods would be an interesting experiment. New everything sales would stall or fall and used goods would be hot. It could be better for the environment as it might stimulate the purchase of durable goods and also instill the novel idea of fixing things. I'm not sure how the electronics industry would fare under this scenario.

[Robert R]

I got no kids either but I love school taxes and bonds.  Good schools raise my property value better than nearly anything else.  I've even been asked to run for the school board because I would truly not have an agenda for my own kid's wants but am not interested in going that. 

I would jump at a national sales tax, even at higher than the 23%.  I can and do get by without buying much of anything new and from what all I have heard, used stuff will also be exempt. 

[Don_Papenburg]

Taxes on used stuff will be forthcoming when the politians decide that there is a market and they aren't getting  a cut of the pie.  Used will only be exempt to make it palatable to the voters .

[Tom]

The sales tax here in Florida has been better described as a "transaction tax".  If there is a  movement of property from one hand to the other, the State wants money.  The best thing that was done here was to exempt food and medicine.

[PineNut]

When a politician looks at a tax like this they will think that is great but as an ADDITIONAL tax.

[Ed_K]

 They will add pork to this, so heres mine"No politician will serve more than 8 yrs" if you want to serve more time it should be as an appointed posision with no pay. I see a lot of old equipment being rebuilt and put back in service.

[Mooseherder]

Bureaucracy is designed to protect itself against change. ;D
The Country, States and Municipalities spend so much on administration of itself it boggles any logical thinking.  We clearly are spending to much. The IRS is collecting over 2 trillion dollars for 2006. :D  Nevermind the State and local taxes. :
Your point about term limits is also what needs to happen. Think of all the career politicians who have gotten us into this yet continue to hold office. There once was a time when the Country had to send representatives to Washington.(Communications)
Don't think we need them anymore. We got da internet thanks to sum smart fellow.

[Frickman]

I've read Neal Boortz's Fair Tax book. I'm behind it 100%. You only pay tax when you buy at retail on new stuff. It's fair for everybody. You eliminate the IRS. You might cut back on state income taxes too, as most states base their taxes on your federal reportings. As for some transactions going unreported, and thus untaxed, you will have some cheating going on in any system. You'll probably have less than with our current system.