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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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Registered User
Join Date: May 2001
Location: Rhode Island
Posts: 3,650
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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
Posts: 8,672
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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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Registered User
Join Date: Sep 2006
Location: Mansfield
Posts: 4,834
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Quote:
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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Registered User
Join Date: May 2001
Location: Rhode Island
Posts: 3,650
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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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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,463
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I think you'd better get used to consumption based taxes...
-spence
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12-11-2009, 05:04 PM
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#6
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Registered User
Join Date: Jul 2004
Posts: 10,295
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Quote:
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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#7
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Registered User
Join Date: Sep 2006
Location: Mansfield
Posts: 4,834
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Quote:
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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12-11-2009, 03:27 PM
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#8
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sick of bluefish
Join Date: Aug 2003
Location: TEXAS
Posts: 8,672
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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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#9
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,463
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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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#10
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Registered User
Join Date: May 2001
Location: Rhode Island
Posts: 3,650
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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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12-12-2009, 10:13 AM
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#11
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,463
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Quote:
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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12-11-2009, 04:08 PM
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#12
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Registered User
Join Date: Sep 2006
Location: Mansfield
Posts: 4,834
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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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#13
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........
Join Date: Apr 2002
Posts: 22,805
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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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