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![]() ![]() Send message Joined: 14 Oct 09 Posts: 14106 Credit: 655,366 RAC: 0 ![]() |
Of course, I would prefer a consumption tax to an income tax, but one can't always get what one wants. Hmm. Do you know any nations who tried that? I know it have been discussed here but never being implemented because it's a political suicide. One reason is because if you tax consumption the consumption will drop. A lot of jobs will get lost. |
![]() ![]() Send message Joined: 16 Mar 00 Posts: 634 Credit: 7,246,513 RAC: 9 ![]() |
Of course, I would prefer a consumption tax to an income tax, but one can't always get what one wants. The answer to your question is an emphatic yes. Refer to the column on the right of the table, listing VAT, GST and sales tax rates. Consumption taxes form part of the tax structure of many countries, including Sweden. In the United States, consumption taxes are levied at state and local level. ![]() |
![]() ![]() Send message Joined: 14 Oct 09 Posts: 14106 Credit: 655,366 RAC: 0 ![]() |
The answer to your question is an emphatic yes. I was more like thinking that if any nation would try to skip income tax and rise the consumption tax instead. And yes:) Sweden have a very high consumption tax, 25%. But a lower corporate tax 22% than the US 35%. Lowest income tax is about 30%. Tax structures are VERY complex. |
![]() ![]() Send message Joined: 12 Mar 12 Posts: 3433 Credit: 2,616,158 RAC: 2 ![]() |
What's the charge? Trump campaign ties to Russia and election interference? Trump's son in law is being questioned about this now too. "...The committee is looking into Russia's attempt to meddle in last year's presidential election, as well as possible ties between Russia and the Trump campaign." #resist |
![]() ![]() ![]() ![]() ![]() Send message Joined: 25 Dec 00 Posts: 31213 Credit: 53,134,872 RAC: 32 ![]() ![]() |
What's the charge? http://www.reuters.com/article/us-usa-trump-russia-idUSKBN16Y1H6 Why do I think he will be given a pass? He should get a "go directly to jail, do not pass go." ![]() |
Darth Beaver ![]() ![]() ![]() ![]() Send message Joined: 20 Aug 99 Posts: 6728 Credit: 21,443,075 RAC: 3 ![]() |
MK 2 army men talking shop and 1 peeing father than the other to show he's the General , even thou he's been educated and lived under McCarthyism . Guess it sums up the Trump camp . umm what party did Joseph McCarthy belong to again ...mmmmmmmmm wouldn't be them Dang Republicans again would it ! :) ![]() |
Darth Beaver ![]() ![]() ![]() ![]() Send message Joined: 20 Aug 99 Posts: 6728 Credit: 21,443,075 RAC: 3 ![]() |
So the charge is... "fishing for evidence"... I see. Well spoken !!! I refer you to my last post to MK , police state !! wasn't that what JM was all about , refer to previous post for meaning ![]() |
![]() ![]() ![]() ![]() ![]() Send message Joined: 25 Dec 00 Posts: 31213 Credit: 53,134,872 RAC: 32 ![]() ![]() |
So the charge is... "fishing for evidence"... I see.You have that wrong That is how keystone cops operate. Police states manufacture the evidence. ![]() |
![]() ![]() Send message Joined: 5 Jan 00 Posts: 2892 Credit: 1,499,890 RAC: 0 ![]() |
Of course, I would prefer a consumption tax to an income tax, but one can't always get what one wants. And Federal level... Excise taxes on specific goods... Gasoline, Tires, etc. https://youtu.be/iY57ErBkFFE #Texit Don't blame me, I voted for Johnson(L) in 2016. Truth is dangerous... especially when it challenges those in power. |
![]() ![]() ![]() Send message Joined: 29 Jun 99 Posts: 11451 Credit: 29,581,041 RAC: 66 ![]() ![]() |
Tax on consumption, very regressive favoring the oligarchs. The lower end of the income scale spend all they earn and all that is taxed. The upper end dose not, hence not all is taxed. Therefore they pay a lower tax rate. Under that plan Warren Buffet would still pay a lower tax rate than his secretary. |
![]() ![]() ![]() ![]() ![]() Send message Joined: 25 Dec 00 Posts: 31213 Credit: 53,134,872 RAC: 32 ![]() ![]() |
Tax on consumption, very regressive favoring the oligarchs. The lower end of the income scale spend all they earn and all that is taxed. The upper end dose not, hence not all is taxed. Therefore they pay a lower tax rate.If you taxed bank deposits maybe. ![]() |
![]() ![]() ![]() Send message Joined: 29 Jun 99 Posts: 11451 Credit: 29,581,041 RAC: 66 ![]() ![]() |
The Rich will, under any plan. Will still be Rich. There is nothing wrong with that, what is wrong is that the middle and poor get poorer. |
![]() ![]() Send message Joined: 12 Mar 12 Posts: 3433 Credit: 2,616,158 RAC: 2 ![]() |
The Rich will, under any plan. Will still be Rich. Yep, and that's just sad when the rich have not only what they need to live an extremely lavish lifestyle, but often have many many multiples of that amount, and instead of using that money to pay their employees better or hire more people or pay more in taxes to make the country great again, they use it for trips to mar a lago or play games with politics or just use it obtain even more money which is baffling to me.. greed. gotta love it. [edit] If I were in charge there would be a cap on income. Who needs more than several hundred million dollars of income in a year? #resist |
pierre castro Send message Joined: 18 Feb 17 Posts: 86 Credit: 107,398 RAC: 0 ![]() |
Finland, Home of the $103,000 Speeding Ticket We could learn a lot from the Finns. From Each According To Their Ability, To Each According To Their Needs. Onward to Utopia through Socialism. |
Darth Beaver ![]() ![]() ![]() ![]() Send message Joined: 20 Aug 99 Posts: 6728 Credit: 21,443,075 RAC: 3 ![]() |
Anyone supporting or excusing the Evil and Deranged System that enabled the above: Are no different than those hailing Hitler and Naziism. So that would mean Capitalism is no good then as it's that witch discriminates against the masses who then rise up against the rich overtake where some smart little skit takes power and turns into a Dictator ....oh wait is that not happening right now in the good olde US of A ![]() |
pierre castro Send message Joined: 18 Feb 17 Posts: 86 Credit: 107,398 RAC: 0 ![]() |
No CLYDE I'm talking about GOOD Socialism, PURE Socialism, like they have in Star Trek.Finland, Home of the $103,000 Speeding TicketWe could learn a lot from the Finns.Castro... Science will get us there in the end, but we have to try. It's what Jesus would do. |
![]() ![]() ![]() Send message Joined: 29 Jun 99 Posts: 11451 Credit: 29,581,041 RAC: 66 ![]() ![]() |
Also correct under those Fraud Left Wing Leaders, who promise to make the rich pay more. Not fraud, the rich could pay much more and still be rich. Read Thorstein Veblen and you might have an understanding about relative wealth. If you don't you are just spouting off about things you have little understanding of. Economics has never been your strong suit. |
![]() ![]() ![]() Send message Joined: 29 Jun 99 Posts: 11451 Credit: 29,581,041 RAC: 66 ![]() ![]() |
Guy I noticed your RAC is dropping are you getting ready to leave? |
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