Law School Discussion

national sales tax

jgruber

national sales tax
« on: August 12, 2004, 09:06:59 PM »
Wudya think?


Scrap the tax code? Bush floats a national sales tax
On campaign trail, president appears open to a major shift, which Kerry promptly pans.
By Linda Feldmann | Staff writer of The Christian Science Monitor
WASHINGTON George W. Bush is known for liking bold, sometimes even risky, initiatives - ideas like sending a man to Mars, or revamping the US immigration system, or overthrowing the dictator of Iraq.
But is the president really ready to take on the American tax system? A comment Tuesday at a town-hall meeting in Florida has reignited the long-simmering debate in conservative circles over whether Washington should rethink the way it levies taxes.

When a supporter asked President Bush about scrapping the current tax code and replacing it with a national sales tax, he replied favorably: "I'm not exactly sure how big the national sales tax is going to have to be, but it's the kind of interesting idea that we ought to explore seriously."


http://www.csmonitor.com/2004/0813/p03s01-uspo.html

nathanielmark

Re: national sales tax
« Reply #1 on: August 12, 2004, 09:08:15 PM »
sales tax is a regressive tax... thus it is a bad tax. 

jgruber

Re: national sales tax
« Reply #2 on: August 12, 2004, 09:09:15 PM »
sales tax is a regressive tax... thus it is a bad tax. 

It's 9 percent here and it is applied to food, clothing and other necessities.

Now that's regressive.

jrhc1210

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Re: national sales tax
« Reply #3 on: August 12, 2004, 09:17:36 PM »
Agreed. I'd only support a form of consumption tax if it made up for regression with exemptions.

jgruber

Re: national sales tax
« Reply #4 on: August 12, 2004, 09:18:17 PM »
Agreed. I'd only support a form of consumption tax if it made up for regression with exemptions.

I saw something about new york tripled the tax on cigarettes.

dsong02

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Re: national sales tax
« Reply #5 on: August 12, 2004, 09:21:25 PM »
Agreed. I'd only support a form of consumption tax if it made up for regression with exemptions.

I saw something about new york tripled the tax on cigarettes.

is that why cigs here are 7.85?

jgruber

Re: national sales tax
« Reply #6 on: August 12, 2004, 09:22:14 PM »
Yep and why smoking is down.

Agreed. I'd only support a form of consumption tax if it made up for regression with exemptions.

I saw something about new york tripled the tax on cigarettes.

is that why cigs here are 7.85?

dsong02

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Re: national sales tax
« Reply #7 on: August 12, 2004, 09:25:04 PM »
smoking is down because you cant smoke indoors anymore.  i doubt prices will keep people from smoking in new york.

Yep and why smoking is down.

Agreed. I'd only support a form of consumption tax if it made up for regression with exemptions.

I saw something about new york tripled the tax on cigarettes.

is that why cigs here are 7.85?

jgruber

Re: national sales tax
« Reply #8 on: August 12, 2004, 09:27:51 PM »
All I know is what people tell me.

But back to national sales tax.  I'm in favor of it for my personal situation cuz I'm a cheap cuss and will probably never buy anything again for the rest of my life.

smoking is down because you cant smoke indoors anymore.  i doubt prices will keep people from smoking in new york.

Yep and why smoking is down.

Agreed. I'd only support a form of consumption tax if it made up for regression with exemptions.

I saw something about new york tripled the tax on cigarettes.

is that why cigs here are 7.85?

Casper

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Re: national sales tax
« Reply #9 on: August 12, 2004, 09:33:58 PM »
Cig tax is inelastic to a certain degree.  That's why some people are ordering their cig from indian reservation or throught internet sales.  They arent actually reducing their consumption of cig.