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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:

 
 
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Old 12-11-2009, 12:04 PM   #1
Joe
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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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Old 12-11-2009, 12:17 PM   #2
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thats insane.
Maybe now you can start working on the Worst President Ever decals?

making s-b.com a kinder, gentler place for all
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Old 12-11-2009, 01:54 PM   #3
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Originally Posted by RIJIMMY View Post
thats insane.
Maybe now you can start working on the Worst President Ever decals?
Stop it, your dashing the dreams of many
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Old 12-11-2009, 02:02 PM   #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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Old 12-11-2009, 03:04 PM   #5
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I think you'd better get used to consumption based taxes...

-spence
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Old 12-11-2009, 03:27 PM   #6
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isnt that what sales tax is?

making s-b.com a kinder, gentler place for all
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Old 12-11-2009, 03:40 PM   #7
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Originally Posted by RIJIMMY View Post
isnt that what sales tax is?
Yes, but I'm speaking more generally of all around.

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Old 12-11-2009, 03:41 PM   #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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Old 12-11-2009, 04:08 PM   #9
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I think we all better get used to more taxes period. Thanks Spence
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Old 12-11-2009, 04:55 PM   #10
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Arrow 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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Old 12-11-2009, 05:04 PM   #11
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thats insane.
Maybe now you can start working on the Worst President Ever decals?
I think many presses broke down b/c they had to print so many for Pres. Bush.
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Old 12-11-2009, 05:23 PM   #12
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I think many presses broke down b/c they had to print so many for Pres. Bush.
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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Old 12-12-2009, 10:13 AM   #13
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Quote:
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You must know the difference between the sales tax and the vat - stop baiting Spence, it's the holidays
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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