President Joe Biden - Kamala Harris Administration

#40,751
#40,751
evillawyer said:
Joe gets actual stuff done; DeSanctimoniousAss doesn't want African American history taught. Working for the good of America vs. grievance politics. Good luck running on that nationally desantis

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Those are left-wing made up propaganda lies as usual. Don't believe in that hot garbage lie.
DeSantis doesn't want the made up (manufactured) lies that the Democrats push that teaches hate for America & to Americans.
 
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#40,754
#40,754
evillawyer said:
Joe gets actual stuff done; DeSanctimoniousAss doesn't want African American history taught. Working for the good of America vs. grievance politics. Good luck running on that nationally desantis

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Class had racist books/crt and queer theory in it. Also, curriculum covering actual African American history is required by law in Florida. You have to deceive for political points. Good strategy.
 
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#40,755
#40,755
hndog609 said:
Here's the faq page from the Fair Tax people's site. Note I have no idea if the proposed plan of the .gov is exactly the same thing cited here.

FAQs
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Been pondering on this one. Seems to me a 23% federal sales tax with no upper cap will kill the sale of high end items or heck even the new car market.
 
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#40,756
#40,756
hog88 said:
Been pondering on this one. Seems to me a 23% federal sales tax with no upper cap will kill the sale of high end items or heck even the new car market.
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Pay your fair share McPig. What does one of those super suckers cost, $500k? 23% is only $115k in tax, easy peasy for you.
 
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#40,757
#40,757
VolStrom said:
Pay your fair share McPig. What does one of those super suckers cost, $500k? 23% is only $115k in tax, easy peasy for you.
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You're lucky to touch a good used Vactor for $500k. But business wouldn't be paying the sales tax anyway per the website, the way I read it was B to B sales would be exempt for items like that. I'm talking about personal purchases of things like cars, trucks, boats, RVs.
 
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#40,758
#40,758
hog88 said:
You're lucky to touch a good used Vactor for $500k. But business wouldn't be paying the sales tax anyway per the website, the way I read it was B to B sales would be exempt for items like that. I'm talking about personal purchases of things like cars, trucks, boats, RVs.
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I'm just messing with you. When I was working, my company decided that it was cheaper to lease equipment and get new stuff every few years than it was to pay to fix it. Being a large company people just sh!t wrecked everything we had because there were no consequences for ruining equipment other than a drug test.
To be honest, I don't know how you stay in business in today's world?
 
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#40,759
#40,759
VolStrom said:
I'm just messing with you. When I was working, my company decided that it was cheaper to lease equipment and get new stuff every few years than it was to pay to fix it. Being a large company people just sh!t wrecked everything we had because there were no consequences for ruining equipment other than a drug test.
To be honest, I don't know how you stay in business in today's world?
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Drugs.
 
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#40,760
#40,760
hog88 said:
Been pondering on this one. Seems to me a 23% federal sales tax with no upper cap will kill the sale of high end items or heck even the new car market.
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I'm not an advocate and don't feel I understand enough at this point to argue one way or the other. I "believe" that concern is, to what degree I can't speak to, couched in the idea that costs of those items (actually most everything) comes down significantly due to the lack of taxes all up and down the revenue stream before the point of sale.

There's way more to the workings of the FT than I'm hip to but there's apparently a lot of people out there that just want to yell "30% sales tax!" and call the whole thing settled. Even in my ignorance I know that's BS. I'd be interested in seeing this reach the level of real government discussion for 2 reason. The first is it would require open debate on the pros and cons of the FT in view of the general public. The second is that platform, regardless of how it ends up concerning the FT, would at least force discussion of what a massive fuster cluck we have for our current system.
 
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#40,762
#40,762
hog88 said:
23% is a bit much at first glance. I'd really have to do the math.
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People might eventually adapt to 23%, but I think it would be a recipe for instant recession. It would probably kill sales of big ticket items early on. A lot of people might look at the extra income and continue spending all they make; but I know when I looked to buy something don't actually need, I'd see that 23% + state and local tax penalty staring me in the face and tend to say nope.
 
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#40,763
#40,763
dovervolz said:
Used goods under this system would seem to be a profitable venture.
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Or an underground economy. I guess you can see why the feds are trying to figure out how to track even smaller monetary transactions. Think about if there's no requirement to report total yearly income - like on the criminal side of things, how many people might find ways to buy and sell without any tax implications.
 
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#40,765
#40,765
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#40,766
#40,766
AM64 said:
People might eventually adapt to 23%, but I think it would be a recipe for instant recession. It would probably kill sales of big ticket items early on. A lot of people might look at the extra income and continue spending all they make; but I know when I looked to buy something don't actually need, I'd see that 23% + state and local tax penalty staring me in the face and tend to say nope.
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I’m with you on this. I think there would have to be an upper limit on big ticket items, something like only the first 20k is subject to the sales tax.
 
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#40,767
#40,767
AM64 said:
People might eventually adapt to 23%, but I think it would be a recipe for instant recession. It would probably kill sales of big ticket items early on. A lot of people might look at the extra income and continue spending all they make; but I know when I looked to buy something don't actually need, I'd see that 23% + state and local tax penalty staring me in the face and tend to say nope.
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Let me guess, the government will give every US imhabitant $12K so that the “poor” aren’t “burdened”
 
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#40,768
#40,768
Wireless1 said:
Let me guess, the government will give every US imhabitant $12K so that the “poor” aren’t “burdened”
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yeah I think that’s in there called the “prebate”. Pretty dumb if you ask me. Just exempt groceries and utilities.
 
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#40,769
#40,769
hog88 said:
I’m with you on this. I think there would have to be an upper limit on big ticket items, something like only the first 20k is subject to the sales tax.
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I think exempting groceries and utilities would be necessary, but shifting completely to a sales tax still makes the whole issue of taxation more regressive. Somehow it's the middle class who will get screwed again. Exempting groceries and utilities goes a long way to help especially the lower incomes, but if you limit the tax on big ticket items, it's going to really benefit the wealthier. For example, someone in a lower income bracket is going to put a greater percentage of his income to a lower priced car than someone who can afford some luxury, but the bigger tax saving is going to the guy who buys the Ferrari.

This sounds like a good idea, but in the end I'd bet it would turn almost as complex as the current income tax with carve outs for the usual suspects. Probably the best solution is just a flat income tax without all the deductions and exemptions.
 
#40,770
#40,770
AM64 said:
I think exempting groceries and utilities would be necessary, but shifting completely to a sales tax still makes the whole issue of taxation more regressive. Somehow it's the middle class who will get screwed again. Exempting groceries and utilities goes a long way to help especially the lower incomes, but if you limit the tax on big ticket items, it's going to really benefit the wealthier. For example, someone in a lower income bracket is going to put a greater percentage of his income to a lower priced car than someone who can afford some luxury, but the bigger tax saving is going to the guy who buys the Ferrari.

This sounds like a good idea, but in the end I'd bet it would turn almost as complex as the current income tax with carve outs for the usual suspects. Probably the best solution is just a flat income tax without all the deductions and exemptions.
Click to expand...

I get what you’re saying but I still think big ticket items need to be capped around 20k, think about it. What new vehicle is less than 20k these days?
 
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#40,771
#40,771
hog88 said:
I get what you’re saying but I still think big ticket items need to be capped around 20k, think about it. What new vehicle is less than 20k these days?
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It's still a lot better deal for the guy buying an exotic car than the guy going in debt for a Kia. On the other hand it would make me feel better about my driving expenses vs the subsidized mass transit in other parts of the country ... assuming stuff like mass transit didn't escape the sales tax.
 
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#40,772
#40,772
https://www.gingrich360.com/2023/01/18/biden-family-the-delaware-sopranos/

You woke up this morning
Hunter got himself a gun,
Mama always said he'd be
The Stupid One.

She said: he's one in a million
He's got to burn some crack to shine,
But you were born under a bad sign,
With a shower with Ashley in your eyes.

You woke up this morning
All the documents are gone,
Obama never told you
About right and wrong.

But you're looking good, Jack,
I believe this youngster is smelling fine, (shame about it)
Born under a bad sign
With a shower with Ashley in your eyes.
 
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#40,775
#40,775
rekinhavoc said:
https://www.gingrich360.com/2023/01/18/biden-family-the-delaware-sopranos/

You woke up this morning
Hunter got himself a gun,
Mama always said he'd be
The Stupid One.

She said: he's one in a million
He's got to burn some crack to shine,
But you were born under a bad sign,
With a shower with Ashley in your eyes.

You woke up this morning
All the documents are gone,
Obama never told you
About right and wrong.

But you're looking good, Jack,
I believe this youngster is smelling fine, (shame about it)
Born under a bad sign
With a shower with Ashley in your eyes.
Click to expand...


Lol...harsh
 
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