View Poll Results: Should the Federal Govt. implement a Value Added Tax (VAT)?

Voters
20. You may not vote on this poll
  • Yes

    1 5.00%
  • No

    15 75.00%
  • Not sure

    4 20.00%
Page 4 of 4 FirstFirst ... 234
Results 31 to 39 of 39

Thread: Should the Federal Govt. implement a Value Added Tax (VAT)?

  1. #31
    Sage


    eohrnberger's Avatar
    Join Date
    Nov 2013
    Last Seen
    Yesterday @ 11:53 PM
    Gender
    Lean
    Other
    Posts
    24,849
    Blog Entries
    11

    Re: Should the Federal Govt. implement a Value Added Tax (VAT)?

    Quote Originally Posted by JANFU View Post
    Harmonized sales taxes
    It would be implemented as a national sales tax. Company A sells product to company B and to company C- is a sales tax added at each step in the chain of company to company sales?

    Goods and services tax/harmonized sales tax (GST/HST)

    In canada the VAT was added over and above Provincial sales tax. Most if not all provinces have harmonized their Prov rates with the federal govt. Alberta does not have a prov. sales tax. May have after the election?????

    Also as it impacts low income, a percentage based upon that - income level - family size is rebated.
    Goods and Services Tax (Canada) - Wikipedia, the free encyclopedia
    Yup. Now, doesn't that put more pressure on the private sector to shorten the supply chain?

    In the given example from A to B to C, there would be 2 VAT charges assessed for the end user to pay for.

    If B and C were eliminated from the supply chain, a more vertically integrated A would result, and only a single VAT charge would be assessed. (Have I got this right?)

    So there would be greater market pressure for highly vertically integrated businesses, and then the question becomes, is that vertical integration more efficient or less efficient at delivering goods and services?

    Wouldn't this have a negative impact on the number of start up small businesses? You know, the businesses that employ the vast majority of the workforce?
    Disinformation campaign? The Russian collusion meme pushed by the 'news' media, behaving as a political propaganda organ, hell bent to destroy a legitimately elected president to implement his agenda per the votes of the same electorate. Reference The Big Lie Reference Goebbels

  2. #32
    Living in Gods country


    JANFU's Avatar
    Join Date
    Dec 2014
    Last Seen
    @
    Gender
    Lean
    Slightly Liberal
    Posts
    17,818

    Re: Should the Federal Govt. implement a Value Added Tax (VAT)?

    Quote Originally Posted by eohrnberger View Post
    Yup. Now, doesn't that put more pressure on the private sector to shorten the supply chain?

    In the given example from A to B to C, there would be 2 VAT charges assessed for the end user to pay for.

    If B and C were eliminated from the supply chain, a more vertically integrated A would result, and only a single VAT charge would be assessed. (Have I got this right?)

    So there would be greater market pressure for highly vertically integrated businesses, and then the question becomes, is that vertical integration more efficient or less efficient at delivering goods and services?

    Wouldn't this have a negative impact on the number of start up small businesses? You know, the businesses that employ the vast majority of the workforce?
    VAT is applied at the end point of sale.
    Companies are reimbursed for VAT paid to manufacture a product. A small percentage is retained by the company a-b thru the chain to pay for costs of maintaining this–the compnay that sells at the end point the VAT is applied and collected by Govt.
    Quote Originally Posted by Fenton View Post
    Hillary is the only defense I or anyone else needs.
    Quote Originally Posted by apdst View Post
    Not once have I showed my dick to a woman and she thought it was creepy. In fact, in 100% of the cases, they were pretty excited about it. I don't know who you're showing your **** too.

  3. #33
    White trash on dope.
    d0gbreath's Avatar
    Join Date
    Jan 2010
    Location
    Denton, TX
    Last Seen
    @
    Gender
    Lean
    Liberal
    Posts
    8,875

    Re: Should the Federal Govt. implement a Value Added Tax (VAT)?

    Ebay has a VAT. A couple of years ago I auctioned a student model pedal steel guitar. The winning bid was about $150 over what it should have been. Ebay said: "we want half", which they deducted immediately.

    Hell will freeze over before I sell on there again.
    Quote Originally Posted by Northern Light View Post
    The systems that ensure freedom and liberty are breaking down and fundamentalism is growing. Nobody is righteous anymore.


  4. #34
    Sage
    cpwill's Avatar
    Join Date
    Dec 2009
    Location
    USofA
    Last Seen
    Today @ 12:50 AM
    Gender
    Lean
    Conservative
    Posts
    57,104

    Re: Should the Federal Govt. implement a Value Added Tax (VAT)?

    Quote Originally Posted by radcen View Post
    I'm generally against the idea, but if it were to REPLACE most of the taxes we have now I'd consider it.

    If it were just added to the already long list we have, then I'd be absolutely against it.
    What that guy said.

  5. #35
    Sage

    Join Date
    Mar 2012
    Location
    Republic of Florida
    Last Seen
    Yesterday @ 06:14 PM
    Gender
    Lean
    Libertarian
    Posts
    14,016

    Re: Should the Federal Govt. implement a Value Added Tax (VAT)?

    Quote Originally Posted by d0gbreath View Post
    Ebay has a VAT. A couple of years ago I auctioned a student model pedal steel guitar. The winning bid was about $150 over what it should have been. Ebay said: "we want half", which they deducted immediately.

    Hell will freeze over before I sell on there again.
    At least you had a choice whether to use it. We dont have such luxuries with the tax system. Dont like it, they garnish your wages.

  6. #36
    Sage
    Fishking's Avatar
    Join Date
    Feb 2016
    Last Seen
    Today @ 12:08 AM
    Lean
    Libertarian - Right
    Posts
    11,102

    Re: Should the Federal Govt. implement a Value Added Tax (VAT)?

    Quote Originally Posted by JANFU View Post
    Should the Federal Govt. implement a Value Added Tax (VAT)?
    A consumption tax, more you consume more you pay, a fair tax?
    Massive deficits – massive debt – the fairest tax of all
    Value-added tax - Wikipedia, the free encyclopedia

    State and Local Sales Tax Rates in 2014 | Tax Foundation
    Higher income people don't spend the same level of their take-home pay on goods. This means that lower incomes would be taxed a greater % of their income and results in a regressive tax.

    For example, I spend a significantly greater % of my income on gas than someone making half a mil a year. See link.

    Raise California gas tax? What Brown's $52 billion plan could cost you - The San Diego Union-Tribune

    Higher income people also are able to keep more of their $$ in savings. That will never be taxed if we just go with a VAT. I'd prefer us to remove every single tax that exists and replace it with a flat % income tax, no consumption tax, no property tax, no nothing but a flat % on income with no refunds or loopholes.

    That's the fairest and least corrupt way to tax.
    “There are no self-proclaimed villains, only regiments of self-proclaimed saints. Victorious historians rule where good or evil lies.” ― Glen Cook, Chronicles of the Black Company

  7. #37
    Living in Gods country


    JANFU's Avatar
    Join Date
    Dec 2014
    Last Seen
    @
    Gender
    Lean
    Slightly Liberal
    Posts
    17,818

    Re: Should the Federal Govt. implement a Value Added Tax (VAT)?

    Quote Originally Posted by Fishking View Post
    Higher income people don't spend the same level of their take-home pay on goods. This means that lower incomes would be taxed a greater % of their income and results in a regressive tax.

    For example, I spend a significantly greater % of my income on gas than someone making half a mil a year. See link.

    Raise California gas tax? What Brown's $52 billion plan could cost you - The San Diego Union-Tribune

    Higher income people also are able to keep more of their $$ in savings. That will never be taxed if we just go with a VAT. I'd prefer us to remove every single tax that exists and replace it with a flat % income tax, no consumption tax, no property tax, no nothing but a flat % on income with no refunds or loopholes.

    That's the fairest and least corrupt way to tax.
    Removing all deductions as we know will not happen. Far to many special interests
    In Canada we have the VAT, called GST up here, lower income receive a rebate based upon income levels.
    It applies to most goods, groceries to services to purchasing a newly built house

    https://www.bdo.ca/en-ca/insights/in...housing-r-(1)/

  8. #38
    Guru

    <alt>doxygen's Avatar
    Join Date
    Dec 2016
    Location
    Floriduh
    Last Seen
    Today @ 12:00 AM
    Gender
    Lean
    Other
    Posts
    3,583

    Re: Should the Federal Govt. implement a Value Added Tax (VAT)?

    Quote Originally Posted by JANFU View Post
    Should the Federal Govt. implement a Value Added Tax (VAT)?
    A consumption tax, more you consume more you pay, a fair tax?
    Massive deficits – massive debt – the fairest tax of all
    Value-added tax - Wikipedia, the free encyclopedia



    State and Local Sales Tax Rates in 2014 | Tax Foundation
    This makes no sense to me. I've never heard its proponents come up with an explanation that makes it seem palatable.
    Trump doesn’t speak so much as allow the words in his limited vocabulary to join hands and jump off a cliff. - Henry Rollins

  9. #39
    Living in Gods country


    JANFU's Avatar
    Join Date
    Dec 2014
    Last Seen
    @
    Gender
    Lean
    Slightly Liberal
    Posts
    17,818

    Re: Should the Federal Govt. implement a Value Added Tax (VAT)?

    Quote Originally Posted by eohrnberger View Post
    Yup. Now, doesn't that put more pressure on the private sector to shorten the supply chain?

    In the given example from A to B to C, there would be 2 VAT charges assessed for the end user to pay for.

    If B and C were eliminated from the supply chain, a more vertically integrated A would result, and only a single VAT charge would be assessed. (Have I got this right?)

    So there would be greater market pressure for highly vertically integrated businesses, and then the question becomes, is that vertical integration more efficient or less efficient at delivering goods and services?

    Wouldn't this have a negative impact on the number of start up small businesses? You know, the businesses that employ the vast majority of the workforce?
    From what I understand the GST applies on the finished products.
    Pls check the link below.
    Cohen & Company - Understanding Canada?s GST/HST Tax System
    Canada’s version is the goods and services tax (GST) system. The GST applies to the sale of property and services in Canada. Certain Canadian provinces have a similar provincial sales tax that is combined with the GST to create a harmonized sales tax (HST) system in those provinces. Generally, the HST applies to the same base of property and services as the GST.

    Almost everyone purchasing goods and services in Canada has to pay GST/HST. Registered businesses must charge and collect the tax on sales made in Canada, and remit these amounts to the Canadian Revenue Agency. They must also file returns on a regular basis in which they can claim credits (or dollar-for-dollar reductions) against their liability for GST/HST paid on purchases.
    Quote Originally Posted by Fenton View Post
    Hillary is the only defense I or anyone else needs.
    Quote Originally Posted by apdst View Post
    Not once have I showed my dick to a woman and she thought it was creepy. In fact, in 100% of the cases, they were pretty excited about it. I don't know who you're showing your **** too.

Page 4 of 4 FirstFirst ... 234

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •