I Have the Solution!

[Sparkey]

With various exceptions, for instance, what about a Resale License? This is considered so that things being sold are not double taxed. If I were a retailer and purchased things for resale, I would provide my Fed Tax ID to Lowes or Home Depot and they would exclude me from paying tax, so that it is only the "consumer" of the final good or service being taxed.

Additionally, there are several taxes that are not based on consumption.

Here is a selected quote from an online article that hopefully makes the point better than I can:

CONSUMPTION TAX FRAUD

”Democracy must be something more than two wolves and a sheep voting on what to have for dinner.” James Bovard

Consumption tax is an indirect income tax, which means that income is not taxed directly as in the case of corporate and personal income tax, but indirectly when it is consumed by the individual. It is therefore much harder to avoid and is neutral with respect to capital investment. However, as tax is a contribution to the expenditures of society, it seems logical that taxpayers should contribute proportionally to their share of income generated by the society. Part of this income, however, is not consumed but accumulated. But tax law is written by the wealthy members of society who consume only a small fraction of their income, as opposed to average people who consume the bulk of their income.

I would personally consider interest rates on borrowed money a tax on the use of money. But that's just me, or is it?

There are also:

• Excise Taxes
• Value Added Tax
• Something called "Carousel Fraud" ??
• Contra Trading

... to be considered.

The "tax on the poor" concept is based on the ratio of stored up wealth to consumption that gives the rich a competitive advantage.
The "excise tax" is typically levied against goods or services based on the lack of availability of substitutes and resultant inflexible demand curves.

ECO TAX

”Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” Ronald Reagan

And what about the "automatic" taxes that are applied. Here's a Wiki reference to "Automatic Stabilizers" considered in Macro Economics.

Personally I like the idea of Government Savings (as opposed to deficit spending) but there's no telling what kind of havoc this idea would provoke.

 

[Knotical]

Stop trying to poke holes in my idea!

Just kidding. I do know there are other taxes out there, but my main point is that to the general consumer we should just do a way with "personal" income tax and just raise the tax on the sale of goods to the "end consumer" to 10% flat. Including in all of the states that have little to know sales tax currently, like Nevada. This would most certainly be a great revenue generator.

 

[jasoncran]

the problem is that feds and most government have a spending problem.

not to mention that there would be a battle over the funds being given to the states. ie he who holds the money holds the strings.

 

[Jake]

Washington doesn't have a state income tax, the sales tax is almost 10%, tax on gas is 8th highest in the nation and they swear they still don't have enough money so they want to raise it 10c more.

In theory I think it's a good idea, but it's not enough revenue because our government doesn't know how to cut spending.

 

[P31Woman]

With various exceptions, for instance, what about a Resale License? This is considered so that things being sold are not double taxed. If I were a retailer and purchased things for resale, I would provide my Fed Tax ID to Lowes or Home Depot and they would exclude me from paying tax, so that it is only the "consumer" of the final good or service being taxed.

Additionally, there are several taxes that are not based on consumption.

Here is a selected quote from an online article that hopefully makes the point better than I can:


I would personally consider interest rates on borrowed money a tax on the use of money. But that's just me, or is it?

There are also:

• Excise Taxes
• Value Added Tax
• Something called "Carousel Fraud" ??
• Contra Trading

... to be considered.

The "tax on the poor" concept is based on the ratio of stored up wealth to consumption that gives the rich a competitive advantage.
The "excise tax" is typically levied against goods or services based on the lack of availability of substitutes and resultant inflexible demand curves.


And what about the "automatic" taxes that are applied. Here's a Wiki reference to "Automatic Stabilizers" considered in Macro Economics.

Personally I like the idea of Government Savings (as opposed to deficit spending) but there's no telling what kind of havoc this idea would provoke.

You mean your State Resale Tax number...not your Federal ID number.

I would personally consider interest rates on borrowed money a tax on the use of money. But that's just me, or is it?

LOL, I think that's just you........... I view interest as the cost of borrowed money.

You mentioned the VAT tax. We don't have that here and we MUST all stand united to fight against it! It's a HUGE tax that cannot be traced and grows the size of the government by leaps and bounds.

 

[P31Woman]

uhm, when I pay for cash on tools we don't pay sales tax. funny aint it. no records of sales no tax. it makes it easier as he doesn't have to track it.

I believe most economists agree that once sales tax hits about 50% too much money would be going unreported and thus not collected.

 

[Knotical]

It looks like we will just have to fire the people currently in government and vote in some people who know how to operate within a department's means. Another problem solved. Boy this is tiring work. I think I will go to bed now.

 

[Sinthesis]

I should have qualified that, sorry. I guess it can be confusing from state to state, as different states apply sales tax to different things. Of course then there is Nevada, which has NO sales tax, or income tax for that matter.

I am thinking just apply the 10% sales tax to anything that is not considered a "necessity," such as food (staples mostly, no junk food), and clothing (basic brands, not high end clothing). Other than those things I think the sales tax should be applied to everything else. With the way people in this country consume things, and the fact that now we would be applying a sales tax in areas that have little no sales tax in the future, the revenue generated would be significant.

Your solution is already caving to special interests.

How so?

In deciding what goods and services are a 'necessity', or what brands of 'necessities' aren't 'too high end', you open the process up to corruption.

 

[thisnumbersdisconnected]

Did some research on retail sales annually in the US. Total retail sales for 2012 in the US were $4,354,890,000,000 (obviously rounded off). Ten percent of that is $435,489,000,000 (again, obviously rounded off). That is (very) approximately 12% of the total estimated expenditures of the federal government for fiscal year 2013. It isn't enough.

Got my numbers from here: http://ycharts.com/indicators/retail_sales

 

[P31Woman]

Did some research on retail sales annually in the US. Total retail sales for 2012 in the US were $4,354,890,000,000 (bviously rounded off). Ten percent of that is $435,489,000,000 (again, obviously rounded off). That is (very) approximately 12% of the total estimated expenditures of the federal government for fiscal year 2013. It isn't enough.

Got my numbers from here: http://ycharts.com/indicators/retail_sales

There is simply no doubt in my mind if a type of fair tax was enacted it would have to be more than 40%. That's to do away with all other state, local and federal taxes including payroll taxes and all hidden federal taxes such as on tobacco.

With Obamacare and F/D banking regulations not yet hitting us I would not be suprised to know the actual number would be over 50%.

That's the mark where most economist agree it would fail. Most people are simply not going to be willing to do that and will search out ways to cheat the system.

 

[jasoncran]

we would sheesh. if bought my house with that. it would be 230k!

 

[Sparkey]

Here's a link, but you've probably seen it: How Much TAX Do We Really Pay?

Warning, not for the faint of heart!

I don't like the word "partial" as it is used here:

A partial list of the various ways in which citizens of the US are taxed:

• Accounts Receivable Tax
• Building Permit Tax
• Capital Gains Tax
• CDL license Tax
• Cigarette Tax
• Corporate Income Tax
• Court Fines (indirect taxes)
• Deficit spending
• Dog License Tax
• Federal Income Tax
• Federal Unemployment Tax (FUTA)
• Fishing License Tax
• Food License Tax
• Fuel permit tax
• Gasoline Tax
• Hunting License Tax
• Inflation
• Inheritance Tax Interest expense (tax on the money)
• Inventory tax IRS Interest Charges (tax on top of tax)
• IRS Penalties (tax on top of tax)
• Liquor Tax
• Local Income Tax
• Luxury Taxes
• Marriage License Tax
• Medicare Tax
• Property Tax
• Real Estate Tax
• Septic Permit Tax
• Service Charge Taxes
• Social Security Tax
• Road Usage Taxes (Truckers)
• Sales Taxes
• Recreational Vehicle Tax
• Road Toll Booth Taxes
• 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
• Toll Bridge Taxes
• Toll Tunnel Taxes
• Traffic Fines (indirect taxation)
• Trailer Registration Tax
• Utility Taxes
• Vehicle License Registration Tax
• Vehicle Sales Tax
• Watercraft Registration Tax
• Well Permit Tax
• Workers Compensation Tax

 

[reba]

Anyone know how much of the tax dollars go to congress?

I am asking about their offices, staff , who does the cleaning maintenance, the insurance, telemetry , The decorating ....I am so over their egos

Personal story : I was working cleaning home in Sacramento . On occasion I cleaned one of the congressmen homes (Jean)...A short time after the refurbishing of the State capital another member spent about 240,000 to redo his( willy) redone office...oak paneling etc... The paper was on the top of her desk... the waist is abundant.


I have no idea how correct this is...http://www.examiner.com/article/how-much-does-congressional-pay-and-benefits-cost-taxpayers

 

[Sparkey]

I don't see the problem as one of Taxation but instead it is the greed built into every part of the system.

How did that millionaire (oops, I probably meant billionaire) become so rich? If he/she/they paid their workers their rightful wage and if they didn't overcharge their customers there simply can not be that much left over.

Vote for Knotical as your emperor and let me be his right hand. No, I'm too radical and should be disqualified from office for the mere thought of paying people a true portion of worth of their work and charging people reasonable prices. That's way over the top, isn't it?

 

[jasoncran]

sparrow. when we were board at tire kingdom. we came up with what if we ruled the nation. I was minister of .war and proganda. we had an arch nemesis.

 

[jasoncran]

fees aren't taxes. a tax is where we all pay. I don't fish , so I don't pay that fishing tax.

 

[Sparkey]

Anyone know how much of the tax dollars go to congress?

I am asking about their offices, staff , who does the cleaning maintenance, the insurance, telemetry , The decorating ....I am so over their egos

Personal story : I was working cleaning home in Sacramento . On occasion I cleaned one of the congressmen homes (Jean)...A short time after the refurbishing of the State capital another member spent about 240,000 to redo his( willy) redone office...oak paneling etc... The paper was on the top of her desk... the waist is abundant.


I have no idea how correct this is...http://www.examiner.com/article/how-much-does-congressional-pay-and-benefits-cost-taxpayers

Here's an article but no, it doesn't go into how much is spent by Congress on themselves. This is just for the Obama family.

WARNING! Don't LOOK! Taxpayers spent [amount deleted for your sake] on Obama family last year, perks questioned in new book.

Just so we don't look to carefully at one man, here's a link about another: Total Bush Spending

 

[reba]

Ouch!

For the president and family ( who ever they are) I see a need for a vacation spot pick one maybe camp david a presidential vacation spot.... the person in office is never really on vacation but does need a break...
One place would cut the security expense.

I have no problem with the White House being taken care of.... Cleaning staff, maintenance, cook for the family . personal chefs? no
The first lady her job is to support her husband ( in todays world first spouse's job is to support the other spouse) The first mate is not a paid position ...

In service to the country 'they' the whole of those elected" can give up some freedoms like dates vacations etc our service men do...

 

[reba]

fees aren't taxes. a tax is where we all pay. I don't fish , so I don't pay that fishing tax.

So if you don't buy something the sales tax is not a tax?

 

[jasoncran]

reba. only 30 days of leave for them congress? and Potus.

its the same with the generals. officers as they go up get a bigger house on the post they are at. nco's are persona non grata in the officer quarters unless invited.its used to be in pfc cranmans day in the army, that there was enlisted quarters, nco quarters and officer quarters, and finally general's quarters.I'm talking about married soldiers only. It was said that none went to the others unless business was in order.

some of that has changed.