October 22, 2004

What's funny about the whole sales tax thing is that the govt. would be rolling in money. You could all but abolish the IRS and save a few millions there. Not to mention the fact that EVERYONE would be paying tax then. I've said before that if we just stopped the govt from PAYING people in the form of EIC and other handouts related to "paying taxes", then we could all enjoy a nice cut and keep some of the money we actually earned. But now that number is above 50% that isnt paying taxes and probably not much lower for people who make money off supposively paying taxes. Just for people thinking I'm talking about refunds on money actually paid, I'm not. Just think of how much lower the prices would be without all the excess corporate quadruple taxation also! yeee hawww count me in. But I dont trust the govt to actually abolish the IRS and the last thing I want is for them to implement a sales tax and then decide to keep the old tax structure in place, then it'd be Boston Tea Party time, I'm afraid.

How the hell do you expect the government to survive on only 10% , you greedy bastard!!!!

I was trapped in the high tax bracket under Carter and Clinton and got about 35% of what I earned. The rest went to taxes at the fedreal and state levels, most people don't realize that 15% goes to SS, 10 to 30% goes to income taxes, then they pay all the hidden taxes and surtaxes on everything from phone service, gasoline to home and auto sales and ownership. Leeches everywhere, I've retired and pay cash for everything, I wish I could have done this 30 years sooner, I'm sick of the money for nothing crowd that FDR set up.

I know you say you're an atheist, but knowing that 10% tithe makes me think that there's some Southern Baptist somewhere in your background. Am I right?

Keep your eyes out for a movement to abolish cash, requiring all transactions to be concluded electronically, so we can't hide the income. The excuse will be that cash enables the drug trade.

you keep putting a grenade in your mouth, which quite frankly is really fucking stupid. all your inane bragging only gives your ex and her attorneys more ammo to fuck you. don't you ever want to see your son again. stop being a pointlessand insanely arrogant hard-ass for his sake.

I don't think I would have posted this. The statute of limitations is normally three years, but it extends to seven in cases of substantial understatement, and there is no statute for fraud. However, I imagine we could come up with enough deductions to eliminate the revenue. (BTW, I'm a CPA in Atlanta.)

I don't think a sales tax is a good idea - it's regressive, and the administration costs would be enormous. (Remember, if you go to a national sales tax, you can abolish the IRS, but you need a new agency to oversee sales tax collection and enforcement.)

A simplified tax code and maybe a flat tax might have a better effect.

(Not to mention that the income tax is permitted by the 16th Amendment, but a national sales tax is of dubious provenance. Strictly, the Feds could tax interstate commerce without any changes, I think, on the Commerce Clause. Maybe. I'm sure the con-law scholars have looked at that one. But in-state trade? No authority to do so, that I can see.)

Amen. But I agree I wouldn't have posted it.

Someone somewhere posted an analysis of how it would benefit those with low income and the regressiveness argument is nonsense. Heck, you can get rid of that by having certain exempt items.

The government would be rolling in it once the adjustment was made, and the overhead would be no worse than the IRS. Most states do sales taxes now, so the expertise exists, businesses are used to handling it, and the feds could almost hire the state agencies to do the work for them and be done with it.

As for getting rid of cash, that's been a dream for a long time and people are just resistant enough that it may never happen. But even if not, we may get RFID chips in every bill anyway down the line.

I'm working on opening a small business now. Since it's a food business, for my own protection, I incorporated it. Now take a guess as to how much of the gross income (before other expenses are taken out of it) goes to the government...

30%?
40%?
50%?
60%?

More, when you count all the hidden taxes. Out of what's left, I'm supposed to be able to buy inventory, pay employees, pay all of the exenses, pay insurance, pay my stock holders, and somehow make enough for me to eat, too.

I've also discovered that if you're working on an hourly wage, in order to recieve $7.00 an hour (what I hope to pay my hourly employees), you have to be making $11.20 an hour.

I post whatever I want to post. I'm already fucked, so who cares anymore?

Okay, we'll keep this secret between us friends.

Regarding a national sales tax, it wouldn't work because it would be almost impossible to enforce. Small businesses are terrible about good record keeping, and I've seen too many cases where sales taxes are underreported. It's taken years to tweak the individual tax system and the related controls to where it works from a collections standpoint.

With a national sales tax, the IRS would be starting over and a lot of fraud could occur--resulting in probably having BOTH sales tax and income taxes. My county promised that if we passed a local option sales tax that our property taxes would go down. They did--for only one year! Now, they're spending all the money from both sources.

You really believe the statute of limitations applies to the IRS? You must be major f'd up.

Jeezus Fucking H. Christ on a crutch, people. Don't you fucking recognize fiction when you read it?!?

There ain't no goddam way in Holy Hell Acidman woule EVER do something illegal and post it on his blog. He may be a dumb cracker but he ain't stupid!

Okay, people; homework assignment.

Get your ass to FAIRTAX.org and study the damned thing. It is absolutely brilliant.

1. This national retail sales tax would ensure that the bottom 50% of the population would actually have to pay some of the tax burden.

2. Everyone would be treated equally as the government will have to rebate the average cost of tax paid on all items of necessity on a per capita basis.

3. The plan demands an end to the IRS, period.

4. You don't need a new bureaucracy because every jurisdiction in the US has some agency already collecting sales taxes.

5. No more taxes on investments, IRAs, savings.

6. No more having any government agency tracking how much you make, save, or invest.

Now get out there and support this bill: HR 25. Oh yeah, and don't start spouting off about why it won't work, and I mean any aspect of it, until you have thoroughly read it and understand it.

For over two years now I have grown weary of people not having studied this plan, who then proceed to say why it can't work, when they don't know what they're talking about.