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Forum - My question is even if we had a consumption tax only and got rid of the income t
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| mikejohnson | Posted: Mar 26, 2011 - 10:33 |
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 Level: 1 CS Original | My question is even if we had a consumption tax only and got rid of the income tax could the Rich still find ways to not pay taxes if the consumption tax was progressive could the Rich just not buy the items would the Rich/Wealthy still have Tax Loppholes ? | |||||
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| scitops | Posted: Mar 26, 2011 - 11:21 |
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Level: 4 CS Original | Well I suspect there would be a rise in the black market. The wealthy would simply purchase items from the black market. | |||||
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| CyborgJesus | Posted: Mar 26, 2011 - 15:17 |
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 Level: 6 CS Original | Google "MTIC fraud". But there are (sometimes very weird) options to legally purchase products through your company(s) and save taxes this way. I don't think it's much worse than what's happening now though, you can decide not to pay taxes (or only pay few) without any crime involved. | |||||
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| The Real Roxette | Posted: Mar 26, 2011 - 21:02 |
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 There ARE more sluts in public schools. Shut up and let me explain. Level: 8 CS Original | Consumption tax sounds like a great idea, 30% tax on everything I purchase just so we can say "Fuck the IRS!"? Hells yeah boy. I bought this $400 TV for $520. | |||||
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| Agent Matt | Posted: Mar 26, 2011 - 21:26 |
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 Genuine American Monster Level: 70 CS Original | Rox's debunking skills are so dreamy. | |||||
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| The Real Roxette | Posted: Mar 26, 2011 - 21:45 |
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There ARE more sluts in public schools. Shut up and let me explain. Level: 8 CS Original | It's not about saving money, helping people, or doing the right thing. It's an ideological move by people like Neal Boortz who will give anything to stick it to the IRS, Federal Reserve, or Federal Government. They'll run with any solution they can so long as it makes them feel like they're stickin' it to the Man. Libertardians are not unlike junior high school students. | |||||
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| Omni-Science | Posted: Mar 26, 2011 - 21:54 |
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 Ordo Ab Chao. Level: 8 CS Original | ^^ Or even high school students. xD | |||||
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| Ez | Posted: Mar 26, 2011 - 23:48 |
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 Level: 3 CS Original | Its the same with people wanting to heavily tax wealthy people. It isn't going to help end poverty at all as the money wont magically end up in their pockets. It is basically just a 'If I cant be rich, neither can anyone else' mindset. | |||||
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| CyborgJesus | Posted: Mar 27, 2011 - 05:35 |
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Level: 6 CS Original | In Germany it's actually proposed as a means to strengthen exports, reduce imports at "dumping prices", increase entrepreneurial activity and reduce the complexity of the tax system. It would turn the country into a tax haven for businesses though, but I'm not entirely sure if the proponents of the system have a problem with that, as long as they can brag with high employment numbers. | |||||
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