Law School Discussion

Nine Years of Discussion
;

Author Topic: national sales tax  (Read 4258 times)

jgruber

  • Guest
national sales tax
« on: August 12, 2004, 11:06:59 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

  • Guest
Re: national sales tax
« Reply #1 on: August 12, 2004, 11:08:15 PM »
sales tax is a regressive tax... thus it is a bad tax. 

jgruber

  • Guest
Re: national sales tax
« Reply #2 on: August 12, 2004, 11:09:15 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

  • Sr. Citizen
  • ****
  • Posts: 367
  • 3.85/Oct
    • AOL Instant Messenger - jrhc1210
    • View Profile
Re: national sales tax
« Reply #3 on: August 12, 2004, 11:17:36 PM »
Agreed. I'd only support a form of consumption tax if it made up for regression with exemptions.

jgruber

  • Guest
Re: national sales tax
« Reply #4 on: August 12, 2004, 11:18:17 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

  • Sr. Citizen
  • ****
  • Posts: 4946
  • small. yellow. different.
    • View Profile
Re: national sales tax
« Reply #5 on: August 12, 2004, 11:21:25 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?
'why does it hurt so much when i poke it?'

jgruber

  • Guest
Re: national sales tax
« Reply #6 on: August 12, 2004, 11:22:14 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

  • Sr. Citizen
  • ****
  • Posts: 4946
  • small. yellow. different.
    • View Profile
Re: national sales tax
« Reply #7 on: August 12, 2004, 11:25:04 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?
'why does it hurt so much when i poke it?'

jgruber

  • Guest
Re: national sales tax
« Reply #8 on: August 12, 2004, 11:27:51 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

  • Sr. Citizen
  • ****
  • Posts: 1704
  • Casper, the friendly Ghost.
    • View Profile
    • DANY
Re: national sales tax
« Reply #9 on: August 12, 2004, 11:33:58 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.

Drawing dead, serving 25 to life.