jonny5
DP Veteran
- Joined
- Mar 4, 2012
- Messages
- 27,581
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- Location
- Republic of Florida
- Gender
- Male
- Political Leaning
- Libertarian
To continue to use the Japanese system as an example, and my own thoughts; the sales tax here is an additional tax to the income tax. We pay an income tax AND the central government's sales tax. AND citizens from other nations that may make over a certain income or earn revenue over a certain amount also pay tax to our native land.
BUT, I am asking if you folks in the United States would put up with a completely new tax added to your tax burden and that tax being a national sales tax - - - on top of the taxes you already pay?
I mean, if the situation is dire, then maybe something completely different needs to be done to help.
Just wondering. And trying to sort of unjam the ideas being discussed here. Y'all seem so big on your political party's views on this and that and mostly that relates to income tax or corporate earnings tax and I think y'all could debate those two sorts of taxes for ten years and due to the logjam created by political leanings never come up with anything new to fix the trouble. So how about something new? A national/federal sales tax? You might be able to gain a fair bit cash from that to ease the crisis; if it is a crisis.
And if it isn't a crisis, what's all the fuss about? Is a trillion dollars every 100 days a crisis situation?
Funny how this reminds me of that first episode of the Beverly Hillbillies back in sometime in the 60s when that JD character was indicating he wasn't sure what kind of dollars that 25 number was about. He had heard of a silver dollar, a paper dollar, a gold coin dollar, but he wasn't quite sure what a million dollar was. Well, I really can't get a handle in my own brain what a trillion dollar is, but it seems it is a crisis, yes? So find yourselves a whole new tax all y'all can agree on and fix the trouble.
No, half of us would not put up with any higher taxes in any form. The other half would welcome it so long as its only on the rich. However, our debt problem is caused by spending, not taxes. So its moot.
A trillion every 100 days is not a crisis, YET. Because we have a huge economy. But we'll see.