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Consumption Tax Only

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Thread replies: 13
Thread images: 1

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consumptionTax.jpg
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How come we cannot just have a flat 20 percent consumption tax. Eliminate the IRS and all other forms of taxation on individuals and corporations. Every person is therefore taxed fairly in relation to what they choose to consume. Business owners will be paying the same rate each time they purchase supplies. Product prices will adjust based on supply and demand. It is the most equal tax system there is except for just eliminating taxation altogether.
>>
>>130089773
>eliminate corporate tax
>just tax people
Stopped reading there. You're just a boot licker.
>>
People will go buy in canada
>>
>>130089773
Because taxation is theft.
>>
>>130090651
>>130092535
This is true but we don't have any non-violent alternative at the moment. Wat do?
>>
>>130089773
Taxes are good and necessary.

t. CPA
>>
>>130090651
Are you somewhat illiterate? There is no imposed tax on anybody. No payroll, social security, etc... type of taxes. Business and individuals are only taxed when they purchase something. Individuals are treated equally. If they buy the same product, then they each get taxed the same percentage rate on that product.
>>
>>130092873
It is necesary only to a certain extent when it provides to build and maintain infrastructure. Not for pet projects and social welfare programs. Individuals need to take personal responsibility.
>>
>>130089773
Why is taxing consumption alone the best, most equitable, and most just way of raising revenue for the government?
>>
>>130089773
No but a 5-10% consumption tax and no income tax for say the first $50k income and a lower rate simple flat tax above that might not be a bad way to go.
>>
>>130089773
Accountant here.
A whole bunch of fucking reasons:
>richfags don't consume all their money while poorfags do, thus poorfags pay a higher share of tax relative to their income.
>20% off a $2000 a month income spent entirely on food,clothing etc. is way more burdensome than 20% off a $200k a month income which was spent only 15% of on consumption and the rest on investments, savings etc.
>Liberals don't want it because it hurts the poor, Conservatives don't want it because it would give the federal gov. too much money and control.
>If consumption's only taxed at the retail level, there's too many entities to control.
>If it's taxed at any of the chain of production levels, the price of goods would rise by a higher % than the ammount the IRS actually receives.
Basically, suck it up and pay your income tax, goy.
>>
>>130089773
>lets make food 20% more expensive
>>
>>130094624
Food is usually exempt from consumption tax.
Thread posts: 13
Thread images: 1


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