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Barrack "Apologizes"
On Tue, 12 Nov 2013 12:37:58 -0600, Califbill wrote:
John H wrote: On Tue, 12 Nov 2013 10:48:12 -0500, Charlemagne wrote: On 11/12/2013 10:34 AM, wrote: On Tue, 12 Nov 2013 09:00:51 -0500, John H wrote: Do you think a regressive tax like the typical 18% VAT in all of these other countries would fly here? How about a 10% across the board surtax on income? Don would still trade tax bills with us in a heart beat. If we had an 18% VAT the Dems would want to 'subsidize' the purchase of anything and everything for the bottom 50% of the population. The top 50% would pay the VAT plus the VAT subsidy for the other half of the population. The problem with the VAT is everyone pays it. You can tune it somewhat by limiting what it applies to but everyone will see some of it The only way to really tax everybody evenly, even the underground employed, is a nation wide sales tax eliminating the income tax. That way everybody really pays taxes, peroid.. No 4 billion dollar IRS refunds to China and a house in Alabama somewhere... Simple, you live here, you pay, period... The VAT is, basically, a sales tax - at least from the end user's point of view. By granting tax credits for VAT, which the liberals would sure as hell do, the idea of taxing everyone 'evenly' is shot out the window. John H. -- Hope you're having a great day! Actually a VAT is mostly a hidden sales tax. The last payer, the public, is the only tax actually seen. Every sale up the ladder, that adds value is taxed, which is mostly hidden from the public. I know, that's why I said 'from user's point of view'. I've spent six and a half years in Germany, buying stuff throughout Europe. It was always much cheaper to ride to Italy for motorcycle parts. When I was there, the VAT was 14%. Luckily, the Status of Forces Agreement with Germany allowed us to be reimbursed for the VAT if one wanted to do the paperwork. It was usually worth it to do the paperwork. John H. -- Hope you're having a great day! |
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