Windows if like a crappy ford taurus that breaks for no reason.
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Messages - clee750
« on: June 25, 2007, 10:44:05 PM »
Yeah, i get what your saying and agree, but your example is not a good one. Contractor goes to home depot, buys crap, knows exactly how much that crap costs. There would be certain situations where issues like that would come up, but i still think it would be more simple than the current system. Paying workers in cash is a problem now, but it would not be under the fair tax. Regardless of how much the contractor paid his workers he charges the customer whatever final price he chooses and adds the tax to that. The service industry would create some situations where the rules would be unclear, but they are that way now.
« on: June 25, 2007, 08:56:48 PM »
With the contractor example there is not double taxation. When you have work done on your house or whatever, normally the contractor will give you a price for the materials and then a price for their service. The customer would pay for the materials with the sales tax added by home depot or whoever, then pay the contractor with a tax added on to the services provided. The contractor would not tax the materials again after paying tax when purchased. The tax is suposed to go to the final consumer. The contractor is not the final consumer of materials, the customer is. The contractor charges the customer for what they paid for the materials. Then adds tax to their services. There is no double taxation.
« on: June 25, 2007, 04:36:20 PM »
The fair tax is currently a House bill written by John Linder. Income tax and corporate tax are abolished and replaced by a national sales tax. However people would receive a check from the government to offset the price of essential goods. Since the poor only make enough to afford essential good their tax burden is essentially zero. For the poorest of the poor their check from the government would be more than they make. Right now many people and corporations get out of paying taxes through loop holes and dishonest means. A sales tax would prevent much of this. Also many illegal business who pay no tax would be contributing to the tax pool. People can often figure out how not to claim personal and corporate income, but we all have to buy crap. The fair tax (national sales tax) helps the poor and allows each individual to control how much they pay in taxes by controlling how much they spend. Savings would increase, efficiency would increase and the government would have a more stable flow of money.
« on: June 25, 2007, 12:39:07 PM »
It was a bad idea. There already is a limit on inheritance. Our tax system is designed to redistribute wealth. Especially after you die. We need a national sales tax. It is the most fair system and can take care many of the current problems.
We had a lawyer that does business litigation come to one of my pre-law classes. He says that when he argues a case he assumes that the average jurror has a seventh grade education. He has found that the average american is dumb and can not comprehend many issues involved in a case.
General Off-Topic Board / Just broke up with the my girlfriend before L1 Year. Anyone else do the same« on: May 29, 2007, 09:53:00 PM »
Just went through a crazy break up. I hope it will help my grades the first year. Anyone else going through a pre law school break up.