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		| Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi: | 
	 
	 
	
	
	
	
	
	
	
	
	
	
	
	
		
			
			 
			12-11-2009, 12:04 PM
			
			
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			#1
			
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				Most Likely Form Of Tax Increase - VAT
			 
			 
			
		
		
		Looks like their tossing around the idea of a VAT or value added tax - if the economy recovers to the point where it could support it.  
If you make anything in your basement, or if you sell decals and books that you published yourself, that's a scary tax... 
If you've ever shipped a package overseas you've probably noticed the VAT field, but left it blank. That's because we're one of the few countries that have been without it. Basically, you pay a tax on whatever value you add to the product from the raw material or pre-manufactured stage. 
		
		
		
		
		
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			12-11-2009, 12:17 PM
			
			
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			#2
			
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			 sick of bluefish 
			
			
			
				
			
			
				 
				Join Date: Aug 2003 
				Location: TEXAS 
				
				
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		 thats insane.  
Maybe now you can start working on the Worst President Ever decals? 
		
		
		
		
		
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making s-b.com a kinder, gentler place for all   
 
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			12-11-2009, 01:54 PM
			
			
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			#3
			
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					Originally Posted by  RIJIMMY
					 
				 
				thats insane.  
Maybe now you can start working on the Worst President Ever decals? 
			
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 Stop it, your dashing the dreams of many   
		
		
		
		
		
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			12-11-2009, 02:02 PM
			
			
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			#4
			
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		 It's the guy with the Biden lineup of decals and tees waiting just over the grassy knoll, that's really going to make a killing. 
		
		
		
		
		
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			12-11-2009, 03:04 PM
			
			
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			#5
			
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		 I think you'd better get used to consumption based taxes... 
 
-spence 
		
		
		
		
		
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			12-11-2009, 03:27 PM
			
			
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			#6
			
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			 sick of bluefish 
			
			
			
				
			
			
				 
				Join Date: Aug 2003 
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		 isnt that what sales tax is? 
		
		
		
		
		
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making s-b.com a kinder, gentler place for all   
 
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			12-11-2009, 03:40 PM
			
			
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			#7
			
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	Quote: 
	
	
		
			
				
					Originally Posted by  RIJIMMY
					 
				 
				isnt that what sales tax is? 
			
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 Yes, but I'm speaking more generally of all around.
 
-spence  
		
		
		
		
		
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			12-11-2009, 03:41 PM
			
			
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			#8
			
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		 You must know the difference between the sales tax and the vat - stop baiting Spence, it's the holidays 
		
		
		
		
		
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			12-11-2009, 04:08 PM
			
			
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			#9
			
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		 I think we all better get used to more taxes period. Thanks  Spence 
		
		
		
		
		
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			12-11-2009, 04:55 PM
			
			
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			#10
			
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				the flat tax is dead?
			 
			 
			
		
		
		haven't heard anyone  ->saying otherwise 
 
but have heard that the carbon tax is gaining momentum 
		
		
		
		
		
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			12-11-2009, 05:04 PM
			
			
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			#11
			
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					Originally Posted by  RIJIMMY
					 
				 
				thats insane.  
Maybe now you can start working on the Worst President Ever decals? 
			
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 I think many presses broke down b/c they had to print so many for Pres. Bush.  
		
		
		
		
		
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			12-11-2009, 05:23 PM
			
			
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			#12
			
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					Originally Posted by  PaulS
					 
				 
				I think many presses broke down b/c they had to print so many for Pres. Bush. 
			
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 Seems the printing presses are working just fine Paul  
House approves $1.1 trillion spending measure. 
 
"The measure provides spending increases averaging about 10 percent to programs under immediate control of Congress"
 House approves $1.1 trillion spending measure - Yahoo! Finance 
		
		
		
		
		
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			12-12-2009, 10:13 AM
			
			
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			#13
			
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					Originally Posted by  Joe
					 
				 
				You must know the difference between the sales tax and the vat - stop baiting Spence, it's the holidays 
			
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 Not baiting at all, VAT puts more emphasis on consumption as the producer is usually able to recover their fraction of the tax by producing more goods or services.
 
I don't think a VAT will fly though.
 
What I do think we'll see are more direct consumption based taxes, drive more pay more, build a bigger house pay more etc...
 
-spence  
		
		
		
		
		
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