Talk of The Villages Florida - View Single Post - 10% Sumter County Sales Tax
View Single Post
 
Old 08-27-2019, 10:49 AM
DAVES DAVES is offline
Sage
Join Date: Feb 2014
Posts: 3,539
Thanks: 196
Thanked 1,920 Times in 984 Posts
Default Not sure what you are thinking

Quote:
Originally Posted by garyseitz View Post
Just a thought, but I think a 10% sales tax would be close to the same out of pocket for me as a 25% property tax increase. What say you?
The facts are and have always been, everyone wants but no one wants to pay for it. The regularly hear let the government pay for it. We are government of the people for the people and by the people. Let the government pay for it is in the real world let me and my neighbors pay for it.

As to comparing a 25% property tax to a 10% sales tax. I relate what a friend said-they have so many ways to pluck the chicken that he does not realize he is bald.

Our fed speaks about a 2% desired rate of inflation. Most people say 2% is no problem. For those who think, that 2% is a TAX. Depending on your top tax bracket, if it is 30%, you need to make roughly 3% on investments, savings etc just to be even.