2016 Election

[n_huffhines]

Why would being a renter influence my opinion? I give up

 

[VolsNSkinsFan]

Tax incidence is said to "fall" upon the group that ultimately bears the burden of, or ultimately has to pay, the tax

That seems like the landowner to me

The key concept is that the tax incidence or tax burden does not depend on where the revenue is collected

The concept was brought to attention by the French Physiocrats and in particular François Quesnay who argued that the incidence of all taxation falls ultimately on landowners and is at the expense of land rent.

 

[n_huffhines]

That seems like the landowner to me

How can you quote this and say that? Do you speak English?

The key concept is that the tax incidence or tax burden does not depend on where the revenue is collected

The concept was brought to attention by the French Physiocrats and in particular François Quesnay who argued that the incidence of all taxation falls ultimately on landowners and is at the expense of land rent.

 

[VolsNSkinsFan]

Because they aren't taxing revenue from the renter. The tax is there regardless of who is using it

 

[1972 Grad]

Ain't no probably about it :thumbsup:

I hope you spend it on something decadent

What color Mercedes AMG GT S would you like?

 

[1972 Grad]

Why would being a renter influence my opinion? I give up

The only thing that I don't get is why I still owe the tax if the place is vacant. Doesn't seem fair.

 

[n_huffhines]

Because they aren't taxing revenue from the renter. The tax is there regardless of who is using it

But when the renter is using the property, he shares the burden of the payment. ***

 

[n_huffhines]

The only thing that I don't get is why I still owe the tax if the place is vacant. Doesn't seem fair.

Because there is no one there to share the burden.

 

[1972 Grad]

Because there is no one there to share the burden.

Life isn't fair.

 

[VolsNSkinsFan]

But when the renter is using the property, he shares the burden of the payment. ***

The landowner owes the tax regardless of income from the property. The govt isn't taxing revenue from the property.

 

[VolsNSkinsFan]

But when the renter is using the property, he shares the burden of the payment. ***

That's a sorta. I might charge you $1 rent but have a $10 tax. The tax is on the value of the land, not revenue. Since renters don't participate in the fluctuations in the property value they ultimately don't pay a tax on the value of the land

 

[MG1968]

The landowner owes the tax regardless of income from the property. The govt isn't taxing revenue from the property.

And if there is nothing on the land to rent, the tax is still owed.

 

[n_huffhines]

The landowner owes the tax regardless of income from the property. The govt isn't taxing revenue from the property.

OMG, I get this. Everyone understands this. This is not the part that is hard to understand.

 

[n_huffhines]

And if there is nothing on the land to rent, the tax is still owed.

y tu?

 

[MG1968]

y tu?

meh, I understand the point you are trying to make, but you aren't helping yourself by bringing in 18th century French economic philosophers

 

[n_huffhines]

meh, I understand the point you are trying to make, but you aren't helping yourself by bringing in 18th century French economic philosophers

I didn't and why does that matter? If the economists today stand behind what economists of the past said, what difference does it make?

Try this:

https://en.wikipedia.org/wiki/Tax_incidence

and/or this

https://www.youtube.com/watch?v=vf-mtNvRNKs

 

[n_huffhines]

Try this guys....who pays sales tax? You or the business you purchased your fleshlight from?

 

[MG1968]

I didn't and why does that matter? If the economists today stand behind what economists of the past said, what difference does it make?

Try this:

https://en.wikipedia.org/wiki/Tax_incidence

and/or this

https://www.youtube.com/watch?v=vf-mtNvRNKs

again, I understand the point you are trying to make, but at this point I can't tell who is trolling who

 

[VolsNSkinsFan]

again, I understand the point you are trying to make, but at this point I can't tell who is trolling who

I just quoted that wiki page and he asked me if I spoke English. L-O-L

 

[n_huffhines]

I just quoted that wiki page and he asked me if I spoke English. L-O-L

Because you clearly didn't get it. Just cause you quoted something doesn't mean you understood. A monkey can copy and paste.

 

[hog88]

Try this guys....who pays sales tax? You or the business you purchased your fleshlight from?

Did I buy it online?

 

[AirVol]

Amazing how much knowledge or lack thereof we have here. Good grief.

 

[VolsNSkinsFan]

Tax incidence is said to "fall" upon the group that ultimately bears the burden of, or ultimately has to pay, the tax

You read this and come to the conclusion that renters pay the tax?

 

[n_huffhines]

You read this and come to the conclusion that renters pay the tax?

Just stop. You don't get it. You never will.

 

[Catbone]

Still going for trump. F the establishment