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Originally Posted by Guest
I'd say wait and see. Analysts have been wrong about so many things lately. I don't think that we'll feel any pain. If anything, at the very least, this will making filling out our tax returns a lot easier.
But I don't believe that anything will change dramatically unless the income tax is eliminated and The Fair Tax is instituted. This is the only thing that will change anything for the citizens of The United States. As long as the IRS exists, Congress remains too powerful.
Pass the FAIRtax | FAIRtax |
The fair tax is a scam too. It kills the poor. Adding 15% to the cost of EVERYTHING is NOT the way to do it. UNEARNED income must be the thing taxed IF you are going to tax people.
Let me you in on a secret...EVERY tax a corporation pays...YOU paid it...when you bought their product. EVERY cost they incur...is priced into that product.
Why do you think Chinese crap is so cheap? No "cost of manufacture" expenses. Low wages AND low taxes.
I bought an adapter the other day on Ebay...it was $1.47 with free shipping. It's coming from China. The TAX would have been more than that here in the US where they cost around $10-20.